Frank Strumolo

Associate
Frank Strumolo

Frank Strumolo focuses his practice on complex corporate matters. Frank has advised private companies in the life sciences, technology, and software industries in go-public transactions, including initial public offerings (IPOs) and de-SPACs. He has also represented public companies in Securities Act and Exchange Act filings, general corporate governance matters, and capital markets, mezzanine finance, and take-private transactions. Prior to joining Venable, Frank served as a public companies associate at an international law firm, where he counseled clients through matters related to corporate finance, governance, securities law compliance, and a wide range of transactions.

Related Practices

Experience

Representative Matters

Representative Matters Prior to Joining Venable

  • Represented a biopharmaceutical company focused on improving the lives of cancer patients, in connection with its initial public offering, which raised $160M at a $619.2M valuation
  • Represented Backblaze, Inc. (BLZE: Nasdaq Stock Market), a leading storage cloud platform, in connection with its initial public offering, which raised $115M
  • Represented BARK, Inc. (BARK: NYSE) (BARK), a leading global omni-channel brand for dogs, in connection with Northern Star Acquisition Corporation's acquisition of BARK in a DeSPAC transaction at an implied enterprise value of $1.6B, raising approximately $427M in net proceeds
  • Represented Shapeways Holdings, Inc. (SHPW: NYSE) (Shapeways), a global digital manufacturing platform provider, in connection with Galileo Acquisition Corp.'s acquisition of Shapeways in a DeSPAC transaction at an implied enterprise value of $410M, raising approximately $103M in net proceeds
  • Represented a NYSE-listed, leading electric vehicle charging network, in connection with a DeSPAC transaction, at an implied enterprise value of $2.4B, raising approximately $450M in net proceeds
  • Represented a leading telehealth platform connecting consumers to licensed healthcare professionals, as they were acquired in a DeSPAC transaction at an implied enterprise value of $1.6B, raising approximately $280M in net proceeds
  • Represented a NYSE-listed, leading electric vehicle charging network, in private placement of $300M of convertible senior PIK toggle notes
  • Represented Theravance Biopharma, Inc. (TBPH: Nasdaq Global Market), a diversified biopharmaceutical company focused on the discovery, development, and commercialization of organ-selective medicines, in a $100.5M follow-on public offering
  • Represented Certina, Inc. (f/k/a FinancialForce.com, Inc.) as borrower in connection with its $150M revolving and term loan facility.
  • Represented Shapeways in connection with its acquisition of MFG.com, Linear Mold & Engineering, LLC and MakersOS, Inc. Also represented Shapeways in $13.25M at the market offering
  • Represented JPMorgan Chase as administrative agent, collateral agent, and letter of credit issuer in connection with $1.4B term loan and $80M revolving credit facility of Getty Images, Inc.
  • Represented Merrill Lynch, Pierce, Fenner & Smith Incorporated as administrative agent and lender in connection with term loan and revolving facility, refinancing existing $250M liquifaction tolling agreement and $700M pre-delivery financing agreement of Golar LNG Partners
  • Represented Citigroup Global Markets Limited as financing sources in connection with Rule 144A and Regulation S senior notes offering of $335M of Crown European Holdings S.A.
  • Represented Citigroup Global Markets Limited as financing sources in connection with Rule 144A and Regulation S senior notes offering of $875M of Crown Americas LLC and Crown Americas Capital Corp. VI.
  • Represented Goldman Sachs & Co. LLC as initial purchasers in connection with Rule 144A and Regulation S senior notes offering of $500M of Party City Holdings Inc.
  • Represented Goldman Sachs & Co. LLC as underwriter in connection with secondary public offering of 12,000,000 shares of IQVIA Holdings Inc.
  • Represented Audax Mezzanine Fund IV-A L.P., Audax Mezzanine Fund IV-B L.P., and Audax Trust Co-Invest, a series of Audax Co-Invest Series, LLC as note purchasers in connection with the purchase of $22M aggregate principal amount of senior subordinated unsecured notes of HMT Holding Inc.
  • Represented Audax Mezzanine Fund IV-A L.P. as note purchaser in connection with the purchase of $21M senior subordinated unsecured notes and 5,000 Class A units of Tailwind Abode Investor, LLC
  • Represented TuSimple, Inc. (TSP: Nasdaq Global Select Market), a global self-driving trucking technology company, in connection with its initial public offering, which raised $1.35B at a $8.4B valuation

Insights

Credentials
+

Education

  • J.D. New York University School of Law 2017
  • B.A. Government Franklin and Marshall College 2014

Bar Admissions

  • New York

Community
+

Volunteerism

  • Volunteer, New York Cares
  • Volunteer, Crossroads Community Services, St. Bartholomew’s Church