Skip to content

Inflection Point-led Special Purpose Acquisition Company consults our law firm over an $800 million business merger accord with Merlin

Our legal team has counseled Bleichroeder Acquisition Corp., a special purpose acquisition company (Nasdaq: BACQ), backed by Inflection Point Asset Management's management team (renaming to Inflection Point Acquisition Corp IV), in signing a binding agreement for a business merger with Merlin,...

Inflection Point-led Special Purpose Acquisition Company (SPAC) seeks legal counsel from our firm...
Inflection Point-led Special Purpose Acquisition Company (SPAC) seeks legal counsel from our firm for a US$800 million business merger agreement with Merlin

Inflection Point-led Special Purpose Acquisition Company consults our law firm over an $800 million business merger accord with Merlin

White & Case LLP, a global law firm, has advised Bleichroeder Acquisition Corp. I on its business combination agreement with Merlin, a developer of assured, autonomous flight technology. This transaction values Merlin at US$800 million pre-money.

The White & Case team was led by Capital Markets partner Joel Rubinstein, M&A partner Matthew Kautz, and Capital Markets associate Russell Deutsch. The service areas covered included Capital Markets, Mergers & Acquisitions, North America, and the United States.

Nasir Tak, who specializes in Mergers & Acquisitions, Technology, Life Sciences and Healthcare, and Private Capital, also joined the White & Case team. The team also included M&A associates Eliot Murphy, Matt Shafman, and Jason Dong, who specialize in their respective fields.

Jason Dong, known for his expertise in Mergers & Acquisitions, was part of the team. Adriana Zhan, who specializes in Tax, Mergers & Acquisitions, and Technology, also contributed to the team. Tax partners Steven Gee and Adriana Zhan, Capital Markets associates Guiying Ji and Karen Chan were also part of the White & Case team.

The transaction aims to continue supporting national security in a rapidly evolving defense landscape. It also has over US$125 million in committed PIPE capital, positioning Merlin to scale AI-enabled autonomous flight capabilities.

Notably, this is the third Inflection Point-led SPAC for which White & Case has advised on both its initial public offering and de-SPAC transaction. Recently, White & Case also advised Inflection Point Acquisition Corp. III on its initial public offering.

The lawyer who advised Inflection Point Acquisition Corp. V before completing the business combination with Merlin was Kirkland & Ellis LLP.

Joel L. Rubinstein, who specializes in Capital Markets, Mergers & Acquisitions, and Private Capital, led the team in this significant transaction. Matthew Kautz, who has expertise in Mergers & Acquisitions, Power, Private Capital, Financial Institutions, and Technology, also played a crucial role. Russell E. Deutsch, who specializes in Capital Markets and Technology, and Eliot X. Murphy, known for his work in Mergers & Acquisitions, US Public Company Advisory, Private Capital, Energy, Life Sciences and Healthcare, Infrastructure, Transportation & Logistics, were also key members of the team.

The exact local media contact for further information was not specified.

Read also:

Latest