Oct 2026
Conyers is advising Bluerock Acquisition Corp., a publicly traded special purpose acquisition company, on its entry into a definitive business combination agreement with Yellow.ai, a global leader in enterprise agentic AI for service automation. The transaction values the combined company at a pro forma equity value of approximately US$550 million.
Upon closing, the combined company will operate as Yellow.ai and trade on the Nasdaq Capital Market under the ticker symbol “YAI.” Transaction proceeds will support continued investment in Yellow.ai’s AI platform, expanded enterprise sales across North America and Europe, and a disciplined M&A strategy to acquire and modernise business process outsourcing operators with AI-native technology. The transaction is expected to close in the second half of 2026.
The Conyers team was led by Partners Alex Davies and Matthew Harkness, Senior Associate Mauricio Da Rocha, and Associate Daniel Cannon, working alongside Ashurst Perkins Coie LLP as lead legal counsel for Bluerock.