Freshfields served as issuer’s counsel to Zymergen Inc. on its IPO as a public benefit corporation on the Nasdaq Global Select Market. The IPO values the company in excess of $4 billion. The company sold $575 million of shares of common stock, including all shares subject to the underwriters’ greenshoe option, in the offering which closed on April 26, 2021.

Zymergen, a San Francisco Bay Area-based biofacturing company, is a client of Freshfields on a spectrum of capital markets, corporate, compensation and benefits, M&A, joint venture, licensing, IP, tax and regulatory matters.

The company uses a combination of software, biology, chemistry and automation to develop and manufacture bio-based breakthrough products and materials that deliver value to customers in a broad range of industries.

More details about the transaction can be found here.

The Freshfields team was led by corporate partners Sarah Solum and Pamela Marcogliese, associates Sherrie Quinn and Max Neumann, and law clerks Joyce Yeo and Salman Almutawa and senior corporate paralegal Sangeetha Rao, as well as by corporate partner Ethan Klingsberg, litigation partner Boris Feldman, counsel Elizabeth Bieber and associates Lucy Lei and Victor Ma. Employee benefits partner Maj Vaseghi and senior associate Sarah Ghulamhussain led on all executive compensation and equity award plan matters. Tech transactions and data privacy partner Menachem Kaplan, special counsel Peter Jaffe and associate Marissa Yu handled IP and privacy matters. Tax advice was provided by partner Robert Scarborough and counsel Dennis Caracristi. CFIUS and trade compliance advice was provided by partners Aimen Mir and Nabeel Yousef and associate Amy Cattle. The lawyers involved span the Silicon Valley, New York and Washington, DC offices of the firm.

ENDS

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP is a global elite law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, litigation, international arbitration, tax, and public international law. For more information visit Freshfields.us.

This material is for general information only and is not intended to provide legal advice. Prior results do not guarantee a similar outcome.