Latham & Watkins Advises the Placement Agents in Connection with the Proposed US$1.3 Billion Merger of Sunlight Financial LLC and Spartan Acquisition Corp. II

Sunlight Financial LLC (Sunlight), a premier US residential solar financing platform, and Spartan Acquisition Corp. II (NYSE: SPRQ) (Spartan), a publicly traded special purpose acquisition company sponsored by funds managed by an affiliate of Apollo Global Management, Inc. (NYSE: APO), have announced that they have entered into a definitive agreement for a business combination that will result in Sunlight becoming a publicly listed company on the NYSE. In connection with the proposed business combination, certain investors committed to invest US$250 million in a private purchase of Spartan’s Class A common stock (the PIPE transaction) immediately prior to the closing of the transaction.

Latham & Watkins LLP represents the placement agents in connection with the PIPE transaction with a Houston-based corporate deal team led by partner Ryan Maierson, with associates Monica White, Bryan Ryan, and Dylan Carroll.