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August 10, 2021

King & Spalding Advises Riverview Acquisition Corp. on SPAC IPO


King & Spalding client Riverview Acquisition Corp. (NASDAQ: RVACU), a blank check company focusing on consumer-focused enterprises, including e-commerce, on the renewables and energy services sector, and/or on the insurance and financial services sector, completed a $250,000,000 initial public offering on The Nasdaq Stock Market. 

The client is a first-time issuer, with a leadership team consisting of Chairman and CEO R. Brad Martin, former Chairman and CEO of Saks Incorporated, former Non-Executive Chairman of Chesapeake Energy Corporation, and former Lead Director of lululemon athletica inc.; President and CIO Charles K. Slatery, Chairman and CEO of NFC Investments, LLC; and Treasurer, Secretary and CFO William V. Thompson III, President and CCO of NFC Investments, LLC. The terms of the offering provide that Riverview Acquisition Corp. will engage in a business combination with a target within 18 months.

The K&S team advising Riverview Acquisition Corp. on this transaction included Jonathan Melmed (NYC), Keith Townsend (ATL), Kevin Manz (NYC), DK Kim (NYC), Stephen Hong (NYC), John Morris (NYC), and Alexis Rosett (NYC).  Jonathan Talansky (NYC) advised on tax matters.  .