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Dec. 18, 2023
Nelson Mullins Represents Abpro Corporation in Signing Definitive Agreement for $725 Million Merger with SPAC Atlantic Coastal Acquisition Corp. II
NEW YORK — Nelson Mullins Riley & Scarborough LLP represented Abpro Corporation in the signing of a definitive agreement for a merger with a special purpose acquisition corporation (SPAC), Atlantic Coastal Acquisition Corporation II.
The firm’s deal team includes partners Jonathan Talcott, Peter Strand, and Mike Bradshaw; and associates Kaylen Loflin, Kathryn Simons and Justin Blair. The transaction is expected to close in Q2 of 2024 and would result in an implied equity valuation of $725 million.
Abpro Corporation is a biotech company developing next-generation antibody therapies.
Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 1,000 attorneys, policy advisors and professionals with 33 offices in 17 states and Washington, D.C. For more information, go to www.nelsonmullins.com.
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Media Contact
Caroline Balchunas
T 843.534.4121
caroline.balchunas@nelsonmullins.com
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