Kirkland & Ellis advised Twin Ridge Capital Acquisition Corp. (NYSE: TRCA), a publicly traded special purpose acquisition company, on its business combination with Carbon Revolution Limited (“Carbon Revolution”)(ASX: CBR), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels. The estimated pro forma enterprise value is approximately $270 million. Upon closing of the transaction, the ordinary shares and warrants of the merged company Poppetell Limited, to be renamed Carbon Revolution plc, are expected to trade on a national exchange in the United States, and Carbon Revolution’s shares will be delisted from the ASX.
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