Paul Hastings Advises Freedom Acquisition I Corp. on Business Combination with Leading Solar Companies
Paul Hastings LLP advised Freedom Acquisition I Corp., a publicly traded special purpose acquisition company, on its business combination agreement with Complete Solaria, Inc., a solar technology, services and financing company. Complete Solaria will be the result of a merger between two leading U.S. residential solar companies, Complete Solar and Solaria, which is expected to be completed in the fourth quarter of 2022, subject to customary closing conditions.
Following the merger of Complete Solar and Solaria, a subsequent business combination will occur between Complete Solaria and Freedom Acquisition I Corp., which is expected to occur in the first half of 2023 with the combined company expected to remain listed on The New York Stock Exchange under a new ticker symbol “CSLR.”
Partners David Hernand (M&A) and Brandon Bortner (Securities and Capital Markets) led the Paul Hastings team, which also included of counsel Sahand Moarefy, and associates Amir Heyat and Julian Alsarhn.
More details on the transaction can be found here.
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