We represented Porsche SE with respect to its investments in Aeva, Inc., a Silicon Valley-based startup focused on next-generation sensing and perception systems for autonomous vehicles, consumer electronics and industrial applications. We recently represented Porsche SE with respect to Aeva’s merger with special purpose acquisition company (SPAC) InterPrivate Acquisition Corp., with the end resulting being Aeva’s debut as a publicly-traded entity at a post-deal market valuation of $2.1 billion. In connection with the SPAC transaction, we represented Porsche SE in its additional investment in Aeva’s initial $120 million private investment in public entity (PIPE) offering.
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