Omnichannel Acquisition Corp.'s US$200M IPO

Winston & Strawn LLP represented Omnichannel Acquisition Corp. (Omnichannel), a special purpose acquisition company, in its IPO of 20M units at an offering price of US$10.00 per unit. The units are listed on the NYSE and trade under the ticker symbol "OCA.U." Each unit consists of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of US$11.50 per share. Once the securities comprising the units begin separate trading, the shares of Class A common stock and the warrants are expected to trade on the NYSE under the symbols "OCA" and "OCA WS," respectively. Omnichannel intends to focus its search on “omnichannel” businesses—technology-enabled cross-channel retail and consumer services—including the direct-to-consumer/e-commerce retail, consumer healthcare, consumer marketplaces, consumer services, traditional brick-and-mortar retail, and related sectors in North America.