Orrick Advises Dave on SPAC Merger with VPCC

January.06.2022

Orrick advised Dave, a banking and personal finance app, on its business combination with VPC Impact Acquisition Holdings III, Inc. (NYSE: VPCC), a special purpose acquisition company sponsored by Victory Park Capital. The combined company, with a pro forma, fully-diluted equity value of approximately $4 billion, changed its name to “Dave Inc.” and its Class A common stock and public warrants begin trading on the Nasdaq Global Market under the symbols “DAVE” and “DAVEW,” respectively, on January 6, 2022.

The Orrick team advising Dave is led by Josh Pollick, Hari Raman and Albert Vanderlaan, and includes Andrew Allen, Emeka Anyanwu, Taylor Ball, Brian Blood, Kaitlin Bagby, Jennifer Clarke-Smith, Kelsey Craig, Jason Flaherty, Isabella Fu, Lynne Hirata, J.T. Ho, Steven Malvey, Jake Routhier, Alexis Savini, Ashleigh Williams and Kyle Zhu.

Related Lawyers

Josh Pollick Partner, Technology Companies Group, Mergers & Acquisitions

Santa Monica

See my bio

Practice:

Technology & Innovation Sector
Technology Companies Group
Mergers & Acquisitions
Fintech

vCard

See full bio

Josh Pollick Partner

Santa Monica

Josh represents high-growth technology companies and venture capital firms in many areas, including corporate and securities law, corporate formations, venture capital financings, mergers and acquisitions, public offerings, secondary offerings and SPAC transactions.

Josh has been recognized by Chambers and Partners USA, Legal500, and Super Lawyers for his work representing startups and venture capital funds.

Josh’s company-side representations include Crexi, Dave, Deel, FabFitFun, GlossGenius, Grow Therapy, Retool, Stripe, Volley and Workstream.

In addition to his company-side representations, Josh has represented leading venture capital firms and other strategic investors, including Bonfire, Coatue, Darsana Capital, D1 Capital, Pathbreaker Ventures and Wonder Ventures.

Josh has significant buy-side and sell-side M&A experience, including representing Deel in its acquisitions of CapBase, Legalpad, Roots and Zeitgold.

Hari Raman Partner, Mergers & Acquisitions, Special Purpose Acquisition Companies (SPACs)

San Francisco

See my bio

D:+1 415 773 4223
E: [email protected]

Practice:

Mergers & Acquisitions
Special Purpose Acquisition Companies (SPACs)

vCard

See full bio

Hari Raman Partner

San Francisco

Hari represents private equity firms and public, private, emerging and late-stage technology companies in a variety of domestic and international transactions. His experience spans the range of M&A activity, including cross-border deals, SPAC transactions, majority/minority investments, restructurings and general corporate matters. He works closely with serial acquirers implementing their buy-side M&A strategies, and with venture-backed companies, founders and investors in M&A exits and other liquidity transactions.

Hari has extensive experience leading companies in core technology markets through all aspects of the M&A process. He understands the unique issues, deal terms and trends at play in technology M&A, allowing him to optimize for efficiency, transaction execution and results for his clients.

Hari has also previously worked in Asia and the Middle East on complex, cross-border M&A, and leverages that experience in leading M&A transactions across the globe, including China, India, Israel and the United Kingdom.

Prior to joining Orrick, Hari was an associate at Gibson, Dunn & Crutcher LLP. He is qualified to practice in both California and New York.

Albert Vanderlaan Partner, Capital Markets, Corporate Governance

Boston

See my bio

D:+1 617 880 2219
E: [email protected]

Practice:

Technology & Innovation Sector
Capital Markets
Corporate Governance
Technology Companies Group
Life Sciences & HealthTech
Special Purpose Acquisition Companies (SPACs)
Mergers & Acquisitions

vCard

See full bio

Albert Vanderlaan Partner

Boston

Albert is involved in a broad range of corporate legal engagements for high growth technology companies, including IPOs, follow-on public offerings, private and public company securities law compliance matters, public company disclosure obligations, de-SPAC transactions, SPAC IPOs, venture financings and mergers and acquisitions. He also regularly advises public and private companies and their boards of directors on corporate governance issues.

Albert's clients include public and private companies in technology, automotive, Internet related industries, real estate, finance and the life sciences (including, among others, immuno-oncology, gene therapy, restorative cell therapy and medical device companies). He also represents underwriters in initial public offerings, follow-on offerings and PIPE offerings and venture capital firms in a variety of investment transactions.

Albert was named to the Deal’s Top Rising Stars 2021 list, which recognizes top new partners at U.S. law firms who are “doing spectacular work in the field of deal-making and who have continued to progress in their career despite the obstacles put in front of them.”