Palantir Technologies direct listing
Davis Polk advised the financial advisers to Palantir Technologies Inc. in connection with Palantir’s direct listing of its Class A common stock on the New York Stock Exchange. The Class A common stock is listed under the symbol “PLTR.”
Palantir builds software platforms for large institutions whose work is essential to our way of life. Used by customers across 36 industries and in more than 150 countries, Palantir’s two principal software platforms, Palantir Gotham and Palantir Foundry, provide the critical infrastructure needed to integrate its customers’ data and operations.
The Davis Polk corporate team included partners Alan F. Denenberg and Emily Roberts and associate Kimberly Wang. Counsel Matthew J. Bacal and associates Yana Kipnis and Jessica Brodman provided intellectual property advice. The tax team included partner Po Sit and associate Dov Sussman. Counsel Gregory D. Hughes and associate Melissa Esposito provided executive compensation advice. Members of the Davis Polk team are based in the Northern California and New York offices.