CIIG Capital Partners II, Inc. Completes Business Combination with Zapp

1 minute read | May.02.2023

Orrick has advised CIIG Capital Partners II, Inc. on a business combination with Zapp Electric Vehicles Limited, a UK-based, high-performance two-wheel electric vehicle company.

The combined company, known as Zapp Electric Vehicles Group Limited, began trading on the Nasdaq Stock Market on May 1. The previously announced deal closed on April 28.

CIIG Capital Partners II, Inc. now known as Zapp Electric Vehicles, Inc. was a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Zapp is on a mission to redefine the electric two-wheeler segment. Its debut product, the i300, is an electric, high-performance two-wheeler capable of traditional motorcycle performance in a way that it says combines ease of ease with exhilaration and fun.

The Orrick team that advised CIIG was led by Alice Hsu and Albert Vanderlaan and included Travis Cherry, Sami Ghubril, Elitsa Angelova and Sean Whitney with support from John Narducci, Nik Mathews, Alan Knoll, Alex Talarides, Camila Rodriguez, Kelly Mink, Jongmin Char and Whitney Rosser.

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CIIG Capital Partners Inc. news release on the deal