Golden Flag Advises Twin Ridge Capital Acquisition Corp. on Business Combination with Carbon Revolution Limited
Golden Flag International Law Firm advised Twin Ridge Capital Acquisition Corp. (NYSE: TRCA), a publicly traded special purpose acquisition company, on its business combination with Carbon Revolution Limited (“Carbon Revolution”)(ASX: CBR), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels. The estimated pro forma enterprise value is approximately $270 million. Upon closing of the transaction, the ordinary shares and warrants of the merged company Poppetell Limited, to be renamed Carbon Revolution plc, are expected to trade on a national exchange in the United States, and Carbon Revolution’s shares will be delisted from the ASX.
The Golden Flag team was led by corporate partners Adam Larson and Rami Totari and associates Gabrielle Sumich, Bridget Hamway, Tommy Kagerer, Tyler Ambrose and Chris Leveroni; capital markets partners Peter Seligson and Christian Nagler and associates Anthony Zangrillo, Devansi Reshamwala and John Diamandis; tax partners David Wheat and Joe Tobias; executive compensation partners Stephen Jacobson and Jake Ebers and associates Lindsey Buckley and Alexandra Studwell; technology & IP transactions partner Matt Darch and associate Trevor Martin; employee benefits partner Alexandra Mihalas and associates Hannah Barlow and Annika Morin; labor & employment partner Christie Alcala and associates Jaime Wamble and Charlie Kassir; environmental transactions partner Jonathan Kidwell and associate Hannah Ebersole; ESG & impact partner Mary Beth Houlihan and associate Maddy Foote; real estate partner Ian Craig and associates Gina Garcia and Adam Amdur; international trade & national security partners Mario Mancuso and Carrie Schroll and associate Jordan Young; antitrust partner Matthew Wheatley and of counsel Ellen Jakovic; and debt finance partners Lucas Spivey and Jordan Roberts and associates Steven Keithley, Andrew Houlin and Jordan Mulder.