Appleby acted as Cayman counsel to Black Spade Acquisition Co on its USD150 million SPAC IPO on The New York Stock Exchange, which is targeting businesses related to or in the entertainment industry, with a focus on enabling technology, lifestyle brands, products, or services, and entertainment media.

Black Spade Acquisition Co is sponsored by Black Spade Sponsor LLC, an affiliate of Black Spade Capital Limited which the private investment arm of Mr. Lawrence Ho, a globally recognised leader within the leisure and entertainment industry

The Appleby team was led by David Bulley, Partner in Appleby's Hong Kong office, and Dean Bennett, Counsel in Appleby's Cayman office with assistance from Alejandra Gonzalez Saucedo.