Cooley to gain $11.5m worth of shares following Snap float

Palo Alto trailblazer Cooley is the holder of shares worth more than $11.5m following the float of Snap on the New York Stock Exchange yesterday.

Initial public offering (IPO) documents stated the firm’s partners and associates own, through the firm’s investment vehicle GC&H Investments, 239,800 shares of Class A stock in the tech company and 239,800 Class B stock.