DLA Piper advises BTIG, LLC in connection with US$230 million initial public offering by Andretti Acquisition Corp. II

DLA Piper advised BTIG, LLC as sole book-running manager in connection with a US$230 million initial public offering of common stock by Andretti Acquisition Corp. II, a blank check company. The offering was comprised of 23 million units at a price of US$10.00 per unit. The units are listed on the Nasdaq Global Market and trade under the ticker symbol “POLEU.”

“It was a pleasure to work with BTIG on this offering by Andretti Acquisition Corp. II, and to showcase our capabilities advising underwriters in sophisticated capital markets transactions,” said Stephen Alicanti, the DLA Piper partner who led the deal team.

In addition to Alicanti (New York), the DLA Piper team included of counsel Christie Lehr (Raleigh) and associate Andrew Wolfe (New York).

DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.