
Gunderson Dettmer LLP
Lawyers

Keith Scherer
- PhoneP +1 617 648 9231
- Email[email protected]
- Social
- Profilewww.gunder.com
Work Department
Corporate Governance and Strategy; Initial Public Offerings (IPOs) and Direct Listings; Mergers and Acquisitions; Public Companies/Public Offerings; Seed, Venture and Growth Financings
Position
Keith leverages his deep experience and technical expertise to help companies and funds achieve their business objectives with a client-focused, practical, and commercial approach.
Career
Keith is a Public Offerings/Public Companies partner in Gunderson Dettmer’s Boston office, and his practice focuses on three areas:
Advising public companies on corporate and securities topics, including public and private debt and equity financings, strategic transactions, corporate governance and ongoing public reporting and compliance Counseling founders and late-stage emerging growth companies exploring a possible IPO and preparing companies to go public and for post-IPO matters Representing venture capital funds on investments in public companies, including private investments in public equity (PIPEs) and registered direct offerings, and advising venture capital funds with respect to their sales and distributions of public company securities and IPOs, mergers, acquisitions and other strategic transactions involving their portfolio companiesAcross all his work, Keith brings a practical and problem-solving mindset, leveraging his experience representing public and late-stage private companies and funds in wide variety of ongoing and transactional matters. He fosters long-term relationships with his clients by understanding the broader business objectives beyond the immediate deal and by prioritizing responsiveness throughout the representation. Keith works across nearly all industries and supports efficiency in transactions by bringing industry best practices into every deal.
Having represented issuers and investors in PIPE transactions with aggregate proceeds of more than $2.0 billion since 2024, Keith is a leading advisor in the field. Recently, Keith was part of a national coalition of attorneys, investors, issuers and bank placement agents that created a library of model legal documents for PIPE financings. The task force created the model library to establish industry norms and reduce transaction costs and time.
Keith’s recent representative matters include:
Electric Capital, a venture firm focused on cryptocurrencies, blockchain, fintech, and marketplaces, as an anchor investor in the $425 million PIPE offering by ETHZilla Corporation (formerly 180 Life Sciences Corp.) to establish an Ethereum (ETH) cryptocurrency treasury Electric Capital, a venture firm focused on cryptocurrencies, blockchain, fintech, and marketplaces, as an investor in the $425 million PIPE offering by Sharplink Gaming, Inc. to establish an Ethereum (ETH) cryptocurrency treasury Dragonfly Capital, a cross-border crypto venture fund, as an investor in the $366 million PIPE offering for Stablecoin X’s go public deSPAC transaction and establishment of Ethena (ENA) cryptocurrency treasury ETHZilla Corporation in multiple At-the-Market Sales offerings aggregating $10.5 billion. Flywire Corporation, a global payments enablement and software company, in its $250 million IPO and $272 million follow-on public offering Synchronoss Technologies, a global cloud platform company, in multiple PIPEs and public offerings of equity and debt (totaling over $570 million) Schooner Capital, a growth capital fund based in Boston, in the $130 million PIPE offering by Cartesian Therapeutics, a public clinical-stage biopharma company TCGx, a San Francisco-based venture capital firm, in the $185 million PIPE offering by Avalo Therapeutics, a public clinical-stage biotechnology company Oklo Inc., an advanced fission technology and nuclear fuel recycling company, in its $850 million, go public deSPAC transaction with AltC Acquisition Corp. Qlik Technologies in its take private sale to Thoma Bravo for $3 billion and Affinivax in its acquisition by GSK for up to $3.3 billionKeith is the father of two and enjoys hiking, traveling and managing his fantasy football teams.
Keith is a graduate of Emory University School of Law and American University.