North Atlantic Acquisition Corporation (Nasdaq: NAAC), a publicly traded special purpose acquisition company (SPAC), with $380 million in trust, has entered into a definitive business combination agreement with TeleSign, an industry pioneer with more than 15 years of operating history of connecting, protecting, and defending the world’s leading brands and their customers as they engage in the digital economy.
Karanovic & Partners team led by Partner, Ivan Nonković, and Senior Associate, Sava Drača, have worked on the Serbian aspects of the transaction.
Upon closing of the transaction, the company will be named TeleSign, Inc., and shares of TeleSign’s common stock are expected to trade on Nasdaq.
*Partner and Senior Associate refers to Independent Attorney at Law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.