Jefferies Serves as Sole Book-Running Manager for Software Acquisition Group Inc. III’s $200 Million IPO

New York and Los Angeles – Paul Hastings LLP, a leading global law firm, announced today that it advised Jefferies as sole book-running manager for the $200 million initial public offering by Software Acquisition Group Inc. III.

Software Acquisition Group Inc. III priced its IPO of 20,000,000 units at $10.00 per unit. 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 the company’s Class A common stock at a price of $11.50 per share. The units will trade on the Nasdaq Capital Market under the ticker symbol “SWAGU.”

Led by Chairman and CEO, Jonathan Huberman, and Vice President of Acquisitions, Mike Nikzad, Software Acquisition Group Inc. III was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. The company intends to focus its search on software companies, especially those targeting enterprise vertical sectors owned by private equity and venture capital firms, and corporate carve-outs.

The Paul Hastings team advising Jefferies was led by Frank Lopez, Jonathan Ko and James Shea, and included Flavio Averbug, Eduardo Morande and Matthew Schob. Doug Schaaf and Amy Lawrence advised on tax matters.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.