Skadden, Orrick act on auto tech firm's Spac merger

Skadden, Orrick act on auto tech firm's Spac merger

Guided by Orrick, Herrington & Sutcliffe, Skadden, Arps, Slate, Meagher & Flom has advised ECARX Holdings, Chinese auto tech startup on its $3.82 billion merger with blank-check firm COVA Acquisition

According to Reuters, Wuhan-headquartered ECARX, originated in 2017, emphases on technology used in car chips, high-definition maps and smart vehicles.

Supported by partners, Bruce Goldner and Victor Hollender, the Skadden team was headed by partners Peter Huang and Shu Du. Led by partners, Albert Vanderlaan and Hari Raman, the Orrick team included partners Jeff Zhang, Shelley Zhang, Peter Elias, Sarah Schaedler, Steven Malvey, Hannon Yavorsky and Michael Wiesner.