Mayer Brown and Tauil & Chequer Advogados in association with Mayer Brown have provided legal counsel to Nvni Group Limited (New Nuvini), a prominent serial acquirer of SaaS B2B companies in Brazil. The advisory team played a crucial role in facilitating New Nuvini’s business combination with Mercato Partners Acquisition Corporation (Mercato). As a result, Mercato will delist from Nasdaq, while New Nuvini’s ordinary shares and warrants will commence trading on Nasdaq under the symbols “NVNI” and “NVNIW,” respectively, starting on October 2, 2023. The esteemed team responsible for this successful transaction was led by Corporate & Securities partners Edward Best, Esther Chang, John Ablan, and Carlos Motta.
This partnership between Nvni Group Limited and Mercato Partners Acquisition Corporation marks a significant milestone in the market. As New Nuvini is known for its expertise in acquiring SaaS B2B companies in Brazil, this business combination will likely yield fruitful results. With Mercato delisting from Nasdaq, it appears that New Nuvini is strategically positioning itself for enhanced visibility and growth opportunities on this major stock exchange. The commencement of trading for New Nuvini’s ordinary shares and warrants under Nasdaq symbols “NVNI” and “NVNIW” reinforces the company’s commitment to capturing further market value and expanding its presence.
The team of Corporate & Securities partners from Mayer Brown and Tauil & Chequer Advogados demonstrated their proficiency in guiding this complex transaction to a successful conclusion. Their leadership, represented by Edward Best, Esther Chang, John Ablan, and Carlos Motta, played a crucial role in providing legal support and solutions. By leveraging their expertise in corporate and securities law, the team ensured a smooth business combination between New Nuvini and Mercato. This partnership is expected to create a strong foundation for New Nuvini’s future growth and success in the competitive SaaS B2B market in Brazil.