Rimon Advises Australian Oilseeds Investments Pty. Ltd. on its Business Combination Agreement with EDOC Acquisition Corp.
News Debbie A. Klis · Debra Vernon · Ivan Komaritsky · Victoria Yang · Craig Tanner · Amy Baker · Roy W. Gillig · John Isaza, Esq., FAI · Robert (Bob) Cocchia · Anne Mitzelfelt · December 8, 2022
Special purpose acquisition company, EDOC Acquisition Corp. (Nasdaq: ADOC, ADOCR, ADOCW, “EDOC”) announced yesterday that it has entered into a definitive business combination agreement with Rimon client Australian Oilseeds Investments Pty. Ltd.
Upon the satisfaction of all closing conditions, the transaction will result in Australian Oilseeds Holdings Limited, a to-be-formed Cayman Islands company, listing its ordinary shares to trade on the Nasdaq Global Market. Rimon PC is acting as legal counsel to Australian Oilseeds Investment Pty. Ltd. in the transaction.
The combined company is expected to have a post-transaction enterprise value of approximately $190 million.
The Rimon transaction team is led by Debbie Klis, securities and investment funds partner based in the firm’s DC offices, and Debra Vernon, corporate and M&A partner based in the firm’s Menlo Park and San Francisco offices. Debbie Klis and Debra Vernon are recognized leaders in their field, having acted as SPAC and de-SPAC leads respectively in several high-profile transactions. Team members include Ivan Komaritsky, Victoria Yang, Roy Gillig, Amy Baker, Craig Tanner, John Isaza, Robert Cocchia and Anne Mitzelfelt.
Congratulations to all!
Read the EDOC press release here
Rimon’s Corporate Team possesses expertise spanning the spectrum of a company’s life cycle. We advise companies ranging from early-stage enterprises to large public corporations, as well as financial institutions, on almost every type of corporate matter. Rimon’s corporate attorneys bring decades of both legal experience and business experience to each representation. Our team includes former venture capitalists, investment bankers, entrepreneurs, engineers, and accountants; our collective background allows us to provide each client with practical legal counsel. Read more here.