Ex-MGM, CBS Execs' 7th Blank-Check Co. Lands $1.5B In IPO

By Sierra Jackson (February 24, 2021, 6:30 PM EST) -- The latest blank-check company from former Metro-Goldwyn-Mayer Studios and CBS executives landed $1.5 billion Wednesday as its units took off on the stock exchange as part of an initial public offering guided by White & Case, Maples and Calder and underwriter's counsel Davis Polk.

Soaring Eagle Acquisition Corp., directed by White & Case LLP and Maples and Calder, said in its regulatory filings that it would devote the funds to merge with a business that complements its management team's expertise in industries like media and entertainment.

Black-check companies, or special-purpose acquisition companies, raise money through IPOs to take private companies public,...

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!

TRY LAW360 FREE FOR SEVEN DAYS

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!