Press Release

Haynes Boone Advises Natural Gas Producer AleAnna on Proposed Public Listing and Business Combination with Swiftmerge Acquisition Corp.

June 05, 2024

A Haynes and Boone, LLP deal team led by partners Jennifer Wisinski, Stephen Grant and Brent Beckert is advising AleAnna Energy, LLC (“AleAnna”), a private company positioned to be one of Italy’s leading producers of both conventional and renewable natural gas, on a business combination with Swiftmerge Acquisition Corp. (NASDAQ: IVCP) (“Swiftmerge”), a publicly-traded special purpose acquisition company. The transaction was announced on June 5, 2024.

The business combination is expected to close in the third or fourth quarter of 2024, subject to customary closing conditions. Upon closing, the combined company will be renamed AleAnna, Inc. AleAnna's current equity holders are expected to transfer all of their existing equity interests into the combined company.

The Haynes Boone deal team received support from a broad cross-disciplinary group of attorneys, including Partners Sam Lichtman (Tax), Lauren White (Tax), Vicki Odette (Investment Management), Matt Stewart (Corporate), Counsel Danielle Marr (Tax) and Associates Logan Weissler (Capital Markets), Josh Reisman (Mergers and Acquisitions), Hannah Shoss (Mergers and Acquisitions) and Alexandria Pencsak (Capital Markets).

Haynes Boone's Capital Markets and M&A practices have played leading roles in numerous IPOs, follow-on offerings, SPAC transactions and PIPE financings in recent years across sectors including technology, life sciences, energy and financial services. The firm provides comprehensive advice to clients trading on all major U.S. securities exchanges, over-the-counter markets, and many foreign markets, on a full range of securities transactions and reporting matters.