PRESS RELEASE
6 January 2025

Walkers Advises Seyond On Its US$1.51 Billion De-SPAC Transaction With Techstar

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Walkers

Contributor

Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.
Seyond Holdings Ltd., a global leader in the design, development, and production of automotive-grade LiDAR solutions, announced the signing of its business combination agreement with Techstar Acquisition Corporation.
Cayman Islands

Seyond Holdings Ltd., a global leader in the design, development, and production of automotive-grade LiDAR solutions, announced the signing of its business combination agreement with Techstar Acquisition Corporation. The de-SPAC transaction will result in the listing of the Seyond as the successor company on the Hong Kong Stock Exchange.

Our cross-border corporate team acted as Cayman Islands legal counsel for Seyond. The team was led by Cayman Islands based partner, Hugh Anderson, supported by Hong Kong based partner, Mark Cummings, and senior counsel Michael Beck, counsel Kevin Ho, senior associate Beverly Lui and associate Samuel Buchan.

We are delighted to support Seyond on this latest milestone transaction, having advised Seyond since completing their initial series A financing.

Contributor

Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.

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