T&K Mentioned in Law360 on April IPO

“Spotify’s Direct Listing Thrust 1 Firm Into April Spotlight”

Twelve operating companies went public in April and generated more than $3.3 billion in proceeds, but the month’s standout deal was an unusual and potentially precedent-setting direct listing by streaming giant Spotify, advised by Latham & Watkins LLP, that raised no money.

…Apart from operating companies, one blank check issuer went public in April. Pure Acquisition Inc. raised $414 million after selling 41.4 million units at $10 each. Fort Worth, Texas-based Pure Acquisition, represented by Thompson & Knight LLP, plans to acquire an energy company.