News Releases

Baker Botts Advises Underwriters in Seaport Calibre Materials Acquisition in IPO


Deal Description: Seaport Calibre Materials Acquisition Corp. (the “Company”) announced the pricing of its initial public offering of 13,000,000 units at a price of $10.00 per unit. The units are listed for trading on the Nasdaq Global Market under the ticker symbol “SCMAU” beginning today. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share.

Seaport Calibre Materials Acquisition, a special purpose acquisition company (“SPAC”), intends to seek an initial business combination with a target in the steel, metals and metal processing sector given its officers’ and directors’ significant experience in that sector.

Baker Botts acted as legal counsel to the underwriters, Seaport Global Securities LLC.

Baker Botts Lawyers/Offices Involved:

Corporate: Travis Wofford (Partner, Houston), Doug Getten (Partner, Houston); William Cozzens (Associate, Houston) and Parker Hinman (Associate, Houston)

Tax: Michael Bresson (Partner, Houston) and Jared Meier (Senior Associate, Houston)

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit


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