DLA Piper Advises Cantor Fitzgerald on $300M Wen Acquisition SPAC IPO.
Global law firm DLA Piper represented Cantor Fitzgerald & Co. as sole book-running manager in the successful $300.15 million initial public offering (IPO) of Wen Acquisition Corp., a newly formed special purpose acquisition company (SPAC).
Wen Acquisition Corp. is a blank check company established to pursue a merger, share exchange, asset acquisition, or similar business combination.
While the SPAC may target businesses across any sector or stage of development, its primary focus is on infrastructure companies within the financial technology space, particularly those that enable digital asset innovation, such as stablecoins, through blockchain integration into traditional finance systems.
“We are grateful for the trust Cantor has placed in our counsel, allowing us to showcase our capabilities on another successful SPAC transaction,” said Stephen P. Alicanti, the DLA Piper partner who led the deal.
The cross-office DLA Piper team supporting Alicanti (New York) included of counsel Christine Lehr (Raleigh) and associates Jordyn Giannone, Andrew Wolfe, and Alexander Grynszpan (all based in New York).
DLA Piper’s global capital markets practice advises both issuers and underwriters across a broad spectrum of capital markets transactions, including IPOs, follow-on offerings, convertible securities, and high-yield and investment-grade debt issuances—both registered and unregistered.
Cantor Fitzgerald is a leading global financial services firm founded in 1945. With offices in over 30 locations worldwide, the firm specializes in investment banking, capital markets, asset management, and prime services. Known for its innovation, deep expertise, and client-first approach, Cantor operates as a private partnership and is guided by a resilient, experienced leadership team. It remains a major force in the industry, with a legacy shaped by both excellence and perseverance, especially after the loss of 658 employees on 9/11.
DLA Piper is a global law firm with a strong reputation for providing legal services across a broad spectrum of industries and sectors. With offices in more than 40 countries, the firm offers comprehensive legal solutions in areas such as corporate law, litigation, intellectual property, real estate, and regulatory matters. DLA Piper serves a diverse range of clients, including multinational corporations, governments, and individuals, delivering innovative and strategic advice. The firm is known for its collaborative approach, providing tailored legal expertise to address complex, cross-border issues while maintaining a commitment to exceptional client service.
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