Ochman Advogados Represented Brazil’s SuperBac Biotechnology in a Xpac Acquisition by XPAC Acquisition Corp

SuperBac, a Leading Biotech Company in Brazil, Plans to List on Nasdaq through a Business Combination with XPAC

Ochman Advogados represented SuperBac Biotechnology Solutions S.A., a Brazilian leading biotechnology company, as its Brazilian legal counsel in a de-Spac transaction with XPAC Acquisition Corp, a publicly-traded special purpose acquisition company based in the United States.

Founded in 1995 by Luis Chacon, SuperBAC is a biotechnology solutions company with the purpose of promoting sustainability in the production processes of agribusiness, sanitation, energy, bioremediation and retail. The merger with XPAC Acquisition Corp will enable the company to be listed in the NASDAQ Stock Exchange.

The combined company is expected to have a pro forma implied equity value post-money of approximately US$500 million (assuming a US$10.00 per share price).

Details of the Transaction in Marketscreener.com.

The Esquires and the Firms Behind the Deal

Ochman Advogados Associados represented SuperBac as its Brazilian legal counsel with partners Renato Ochman (picture left) and Pedro Henrique de Souza Oliveira (picture right) leading the firm’s deal team.

Skadden, Arps, Slate, Meagher & Flom LLP acted as U.S. counsel to SuperBac with partner Felipe Areno leading the firm’s transaction team.

Mourant Ozannes LLP acted as Cayman Islands counsel to SuperBac.

Shearman & Sterling acted as U.S. legal counsel to XPAC Acquisition Corp with São Paulo partner Roberta Cherman leading the firm’s deal team with the contribution from counsel Jonathan A. Lewis.

Shearman & Sterling is a U.S.-based global law firm headquartered in New York. The 2022 Am Law 50 and Chambers Global is one of the mostly recognized and traditional U.S. law firms in providing global legal services to its clients from across 23 offices around the globe.

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados acted as Brazilian counsel to XPAC Acquisition Corp.

Mattos Filho is one of the most traditional law firms of Brazil highly recognized as the top Capital Markets law firm of the country headquartered in São Paulo and with offices in Rio de Janeiro, Campinas, Brasilia, London and New York.

Mapples & Calder LL.P acted as Cayman Counsel to XPAC.