Deal Corner
June 18, 2018
I-AM Capital set to invest in Smaaash

DEAL BRIEF

I-AM Capital Acquisition Company, a special purpose acquisition company listed on NASDAQ, has entered into definitive agreements to invest an amount upto USD 49 million for approximately 24.5% stake in Smaaash Entertainment Private Limited. Smaaash is a global virtual reality gaming and sports entertainment company, headquartered in Mumbai, India and presently owns and operates over 30 family entertainment centers across India.

Press coverage relating to this transaction is available here.

OUR ROLE

We, at Nishith Desai Associates, acted as transaction counsel to I-AM Capital and advised on strategic and legal aspects of the transaction including the negotiations and deal documentation.

Disclaimer

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Deal Corner

June 18, 2018

I-AM Capital set to invest in Smaaash

DEAL BRIEF

I-AM Capital Acquisition Company, a special purpose acquisition company listed on NASDAQ, has entered into definitive agreements to invest an amount upto USD 49 million for approximately 24.5% stake in Smaaash Entertainment Private Limited. Smaaash is a global virtual reality gaming and sports entertainment company, headquartered in Mumbai, India and presently owns and operates over 30 family entertainment centers across India.

Press coverage relating to this transaction is available here.

OUR ROLE

We, at Nishith Desai Associates, acted as transaction counsel to I-AM Capital and advised on strategic and legal aspects of the transaction including the negotiations and deal documentation.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.