Press Release

World View to List in $350 Million SPAC Deal

January 20, 2023

Palo Alto – January 20, 2023 – Cooley advised World View, a leader in stratospheric exploration and flight, on its definitive business combination agreement with publicly traded special purpose acquisition company Leo Holdings Corp. II. The transaction will result in World View becoming a publicly listed company. Partners Alex Kassai, Milson Yu and Miguel Vega led the Cooley team advising World View.

World View plans to use the capital to expand its global remote sensing business into new markets and industries that stand to benefit from the unique advantages offered by remote sensing via the stratosphere, which are not available with traditional satellite imaging or fixed-wing aircraft monitoring. World View also will continue developing its next-generation capabilities, including its space tourism and research and education businesses.

Founded in 2012 and headquartered in Tucson, Arizona, World View has a proven track record of scores of successful stratospheric flights and is leading a new era of stratospheric exploration to take humanity’s understanding and appreciation of Earth to inspired new heights.

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