Lowenstein Sandler represents financial technology investment platform Linqto, Inc. in its plans to go public through a merger with Blockchain Coinvestors Acquisition Corp. (Nasdaq: BCSA)

As reported by Law360, the companies have entered into a definitive business combination agreement, pursuant to which Linqto will become a wholly-owned subsidiary of Blockchain Coinvestors, at an implied enterprise value of approximately $700 million. From and after the closing date, the combined company will operate as Linqto. The transaction is expected to close in the second half of 2024.

Linqto is a technology-enabled investment platform that allows investors to identify, evaluate, invest in and make investments in unicorn companies and other private tech companies, the statement said. The San Jose, California-based company says its mission is to democratize private investing by making it accessible, affordable and liquid to investors.

Blockchain Coinvestors is a blank-check company, also known as a special purpose acquisition companies, or SPAC.

The Lowenstein Sandler team includes partners Ethan L. Silver, Meredith Beuchaw, James O'Grady, William Brannan, Daniel C. Porco, and Bianka V. Barraza.