WASHINGTON – Nelson Mullins Riley & Scarborough LLP is representing Lexasure Financial Group (“Lexasure”) in a newly announced combination with Capitalworks Emerging Markets Acquisition Corp. (“CEMAC”) valued at $250 million. The combination agreement will provide Lexasure with the ability to be publicly listed through their combination, Lexasure Financial Holdings Corp., which will acquire Lexasure and CEMAC.”

Lexasure is a FinTech, insurance, and financial services holding company, and serves as a broker for many industries, having over 60 insurers across 22 countries from around the world. They are prominent in Southeast and South Asia. Lexasure has recently launched mobile apps, which will also be a part of the deal. The apps promote healthy living, and provide farmers with insurance coverage and mobile technology in case of an agricultural emergency, such as problems with crops and livestock.

CEMAC is a special purpose acquisition company (“SPAC”) that is based in the Cayman Islands and works to cause mergers, stock exchanges, asset acquisitions, stock purchases, and recapitalizations.

The Nelson Mullins team involved in this deal includes partners Andy Tucker and Caio Prado, and associates Zalak Raval and Kathryn Johnson. Wells Hall, Tim Wagner, and Matt Zischke are also assisting.

View the press release.

Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 1,000 attorneys, policy advisors and professionals with 32 offices in 16 states and Washington, D.C. For more information, go to www.nelsonmullins.com.