Wilson, Sonsini, Goodrich, & Rosati and JunHe have advised Chinese electric vehicle manufacturer CH-AUTO Technology Corp Ltd on its $1.7 billion merger with U.S. blank-check company Mountain Crest Acquisition Corp IV, which was represented by Loeb & Loeb.
Established in 2003, the Beijing-headquartered CH-AUTO is a technology-driven electric vehicle manufacturer and designer. Mountain Crest was established in 2021 and completed its IPO in June that year.
A Harneys team, led by Shanghai corporate partner Calamus Huang, advised CH-AUTO on offshore law.
Earlier in May, another Chinese vehicle technology company ECARX Holdings also merged with a U.S. SPAC to list on Nasdaq.