Jeremy W.Cleveland

Partner

Silicon Valley + 1.650.687.4173

Jeremy Cleveland represents domestic and international companies in public and private equity and debt securities offerings, venture capital (VC) financings, and mergers and acquisitions (M&A). He also represents companies in connection with day-to-day disclosure obligations, corporate governance matters, securities laws, stock exchange rules and regulations, and periodic reporting responsibilities.

Jeremy has experience with companies across all growth stages, from initial formation to large public companies. He works with companies in a variety of industries, including cloud computing, customer relationship management, semiconductor, peer-to-peer lending, renewable energy, aviation, social media, solar energy, banking, e-commerce, ride share services, real estate, software, health care, biotech, artificial intelligence, and consumer products.

Experience

  • APRINOIA Therapeutics and Ross Acquisition Corp II announce business combinationJones Day is advising Ross Acquisition Corp II in the business combination with APRINOIA Therapeutics Inc. pursuant to which APRINOIA and Ross will each become a wholly owned subsidiary of the combined company, APRINOIA Therapeutics Holdings Limited, a newly formed entity.
  • Cibus combines with CalyxtJones Day is advising Cibus Global, LLC (“Cibus”), a San Diego based leader in precision gene editing in agriculture, in connection with a proposed all-stock merger with Calyxt, Inc. (NASDAQ: CLXT), under which Cibus and Calyxt will create an industry-leading company that combines two pioneers in agriculture-based gene editing and establishes one of the world’s most sophisticated facilities for trait development and plant breeding.
  • BofA Securities and other underwriters complete $1.15 billion public offering of Notes by eBay Inc.Jones Day represented BofA Securities, Inc. and the other underwriters in connection with the public offering by eBay Inc. of (i) $425 million aggregate principal amount of 5.900% Notes due 2025, (ii) $300 million aggregate principal amount of 5.950% Notes due 2027 and, (iii) $425 million aggregate principal amount of 6.300% Notes due 2032.
  • GreatPoint Ventures participates in $26 million Series A financing round of CoalesceJones Day advised GreatPoint Ventures in connection with the $26 million Series A financing round of Coalesce, the data transformation company, to reinvent data transformations and develop team growth.
  • Westpac invests in KasistoJones Day advised Westpac Banking Corporation in relation to its investment in a New York-based conversational artificial intelligence industry leader, Kasisto, Inc.
  • Investor Group of Apollo, J.F. Lehman & Company and Hill City Capital acquires Atlas Air Worldwide for $5.2 billionJones Day is advising J.F. Lehman & Company and Hill City Capital in their participation in a consortium with Apollo to acquire Atlas Air Worldwide (NASDAQ: AAWW) in an all cash transaction with an enterprise value of approximately $5.2 billion. Upon completion of the transaction, Atlas Air Worldwide will become a privately held company.
  • Fortanix raises $90 million in Series C Preferred Stock financingJones Day advised Fortanix Inc. in its $90 million Series C Preferred Stock financing.
  • Cohort Go sold to Flywire Inc.Jones Day advised Cohort Go, a leading fintech business headquartered in Australia, in the sale of the company to Nasdaq listed Flywire Inc., a global payments enablement and software.
  • Citigroup Global Markets, as representative of several underwriters, complete $350 million Senior Notes offering by KB HomeJones Day represented Citigroup Global Markets Inc., as representative of the several underwriters, in connection with the public offering by KB Home of $350 million aggregate principal amount of 7.250% Senior Notes due 2030.
  • Deezer merges with and into I2PO S.A.Jones Day is advising Deezer S.A. in the context of the proposed SPAC transaction whereby Deezer S.A. would be merged with and into I2PO S.A., a French SPAC listed on the professional segment of the regulated market of Euronext Paris and the related PIPE financing.
  • Five9 participates in Series C financing round of Cresta AIJones Day represented Five9, Inc. in connection with its participation in the Series C financing round of Cresta AI.
  • PureCycle Technologies completes $250 million private placement of Common Stock and WarrantsJones Day represented PureCycle Technologies, Inc. in connection with its private placement of $250 million of Common Stock and Warrants.
  • LendingTree invests in EarnUpJones Day advised LendingTree, Inc. in the $31 million Series C financing round of EarnUp, a San Francisco-based Fintech company offering payment and data solutions for the mortgage industry.
  • Calyxt completes $10.9 million placement of Common Stock and WarrantsJones Day represented Calyxt, Inc. in connection with the placement to an institutional investor in an underwritten offering of 3,880,000 shares of its Common Stock, pre-funded warrants to purchase up to 3,880,000 shares of its Common Stock, and Common Warrants to purchase up to 7,760,000 shares of its Common Stock.
  • Intelsat closes $6.7 billion DIP-to-exit financing transactionsOn May 13, 2020, Intelsat S.A. and certain of its direct and indirect subsidiaries (the “Intelsat Parties”) filed voluntary petitions with the U.S. Bankruptcy Court for the Eastern District of Virginia commencing their respective cases under Chapter 11 of the Bankruptcy Code.
  • Koch invests in Footprint at $1.6 billion valuationJones Day advised Koch Strategic Platforms in its $150 million investment in the Class C Preferred Stock of Footprint International Holdco, Inc.
  • GreatPoint Ventures invests in ZenBusinessJones Day advised GreatPoint Ventures in the $200 million Series C financing of ZenBusiness, the only one-stop guided platform tailored for the entrepreneur’s journey to launch, run, and grow a successful business.
  • Koch invests in GameChange SolarJones Day is advising Koch Strategic Platforms in the $150 million investment in the Series A Preferred Stock of GameChange Solar Holdings Corp.
  • Altabancorp merges with Glacier BancorpJones Day represented Altabancorp, the bank holding company for Altabank, in connection with its stock-for-stock merger with Glacier Bancorp, Inc., the bank holding company for Glacier Bank.
  • Ecolab completes liability management transactionsJones Day represented Ecolab Inc., a global leader in water, hygiene, and infection prevention solutions and services, in connection with liability management transactions, including (i) a Rule 144A and Regulation S offering of $300 million aggregate principal amount of 2.750% Notes due 2055 (the “New Notes”) and (ii) an offer to exchange up to $500 million aggregate principal amount of its outstanding 5.500% Notes due 2041, 3.950% Notes due 2047, 3.700% Notes due 2046, and 4.800% Notes due 2030 for New Notes and cash.