Davis Polk advised Jiya Acquisition Corp. on its $100 million initial public offering of 10,000,000 shares of Class A common stock. The shares are listed on the Nasdaq Capital Market.
The company is a newly incorporated special purpose acquisition company (SPAC) formed for the purpose of effecting an initial business combination and intends to focus on the biopharmaceutical sector.
The Davis Polk capital markets team included partners Derek Dostal and Deanna L. Kirkpatrick and associate Rahul K. Patel. Associate Travis Triano provided executive compensation advice. The tax team included partner William A. Curran and associate Daniel L. Jose. Associate Allison Gunther provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.