Nelson Mullins, Loeb Steer Cannabis-Focused SPAC's Filing

By Sarah Jarvis (June 2, 2021, 6:59 PM EDT) -- Northern Lights Acquisition Corp., a blank-check company targeting the cannabis industry, filed a registration statement with the U.S. Securities and Exchange Commission on Wednesday to raise up to $100 million, with guidance from Nelson Mullins Riley & Scarborough LLP and Loeb & Loeb LLP.

The Denver-based company said in its registration statement that it plans to offer 10 million units at $10 each, with the units consisting of one share of common stock and one-half of a warrant, exercisable at $11.50 per share. The special purpose acquisition company, or SPAC, would command a market value of $130 million at the proposed...

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!