The 34,500,000 shares are listed on the New York Stock Exchange

Davis Polk advised the sole bookrunning manager in connection with the initial public offering of 34,500,000 Class A ordinary shares of American Exceptionalism Acquisition Corp. A for aggregate proceeds of $345 million, which includes proceeds from the exercise in full of the over-allotment option. The shares are listed on the New York Stock Exchange under the symbol “AEXA.”

American Exceptionalism Acquisition Corp. A is led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital, and was formed for the purpose of effecting a business combination with one or more businesses. The SPAC intends to focus on businesses operating in the energy production, artificial intelligence, decentralized finance and defense industries.

The Davis Polk capital markets team included partner Derek Dostal and associates Marquis J. Pullen and Ryan Grawe. The tax team included counsel Yixuan Long and associates Valentin Van de Walle and Summer Elbardissy. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.

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