Fried Frank Co-Steers 1st Sports-Focused SPAC In $500M IPO

Law360 (July 28, 2020, 4:06 PM EDT) -- A blank-check company helmed by "Moneyball's" Billy Beane and the founder of RedBird Capital said Tuesday it's hoping to raise $500 million in an initial public offering steered by Fried Frank and Maples and Calder.

RedBall Acquisition Corp. plans to sell 50 million units for $10 apiece, according to a prospectus filed with the U.S. Securities and Exchange Commission. The company is incorporated in the Cayman Islands with offices in New York. RedBall is a blank-check company, also known as a special-purpose acquisition company, which is a shell entity that raises money through an IPO in order to fund a future...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!