Capital Markets

Cooley advised Instacart, the leading grocery technology company in North America, on its $660 million initial public offering.

Cooley advised Coupang, one of Asia’s largest ecommerce companies, on its $4.55 billion initial public offering of 130 million shares of Class A common stock, including 30 million shares sold by selling stockholders. In addition, Cooley advised Coupang on its $1 billion credit line by a syndicate of lenders. Lawyers Eric Jensen, Calise Cheng and Natalie Karam led the global Cooley team advising Coupang on its IPO, which is the biggest IPO in the US this year and one of the top 25 listings of all time based on deal size. Patrick Flanagan led the Cooley team advising on the credit line. 

Cooley advised Lyell Immunopharma, a T cell reprogramming company dedicated to the mastery of T cells to cure patients with solid tumors, on its $425 million initial public offering of 25,000,000 shares of its common stock. Partners Dave Peinsipp, Charlie Kim, Chad Mills and Lauren Creel led the Cooley team advising Lyell on its public debut, which marks the third largest biotech IPO in history.

Cooley advised Uber on its $8.1 billion initial public offering of 207,000,000 shares of common stock. Uber, whose securities now trade on the NYSE under the symbol “UBER,” is a mobility platform revolutionizing the personal ridesharing, meal delivery and logistics industries. Partners Dave Peinsipp, Siana Lowrey, Drew Williamson, Charlie Kim and Kristin VanderPas led the Cooley team.

Cooley advised Allbirds, a global lifestyle brand, on its $348.3 million initial public offering of 23,221,152 shares of Class A common stock, which now trade on the Nasdaq Global Select Market under the symbol BIRD. Partners Nicole Brookshire, Peter Werner and Calise Cheng led the Cooley team advising Allbirds.

Cooley advised Zoom on its $864 million initial public offering of 24,000,000 shares of common stock, which includes the full exercise of the underwriters’ option to purchase additional shares. Zoom, whose securities now trade on the Nasdaq Global Select Market under the symbol “ZM,” helps businesses and organizations bring their teams together in a frictionless environment to get more done. The company’s easy, reliable cloud platform for video, voice, content sharing and chat runs across mobile devices, desktops, telephones and room systems. Partners Jon Avina, Calise Cheng and Bradley Libuit led the Cooley team.

Cooley advised Snowflake on its $3.9 billion initial public offering of 32,200,000 Class A shares of common stock, which includes the full exercise of the underwriters’ option to purchase additional shares. Snowflake, whose securities now trade on the New York Stock Exchange under the symbol “SNOW,” is a cloud software company pioneering the data cloud, an ecosystem where customers, partners and data providers can break down data silos and derive value from rapidly growing data sets in secure, governed and compliant ways. Partners Mark Tanoury, Jon Avina and Seth Gottlieb led the Cooley team.