Zalak Raval

Senior Associate

  • Zalak Raval
  • Phone: +1 202 776 5208

    Import to Address Book

  • Duane Morris LLP
    901 New York Avenue N.W., Suite 700 East
    Washington, DC 20001-4795
    USA

Zalak Raval is a senior associate in Duane Morris' Corporate Practice Group, where she focuses her practice on securities law, capital markets transactions, and corporate governance. Zalak advises public companies and special purpose acquisition companies (SPACs) on a full range of corporate transactions, including formations, IPOs, de-SPAC mergers, and ongoing SEC compliance. She prepares and negotiates key transactional documents such as registration statements, underwriting agreements, securities purchase agreements, and related disclosures under the ’33 and ’34 Acts.

Zalak brings significant experience in high-value transactions, including mergers valued in the hundreds of millions of dollars. She routinely coordinates with auditors, financial experts, and regulators to ensure smooth execution of complex filings and capital market deals.

Before joining Duane Morris, Zalak worked at a national law firm in Washington, D.C., and a public finance-focused firm in Atlanta, where she represented municipalities in tax-exempt financings, real estate closings, and legislative development projects. Her background also includes experience in securities litigation and general civil litigation.

Zalak earned her LL.M. in Securities and Financial Regulation from Georgetown University Law Center, where she received the CALI Excellence Award in FinTech Law, and her J.D. from Emory University School of Law, where she served as Executive Managing Editor of the Emory Corporate Governance & Accountability Review.

She is fluent in Hindi and Gujarati, and is an active member of the National Asian Pacific American Bar Association (NAPABA) and the Georgia Asian Pacific American Bar Association (GAPABA).

Admissions

  • Georgia
  • Washington, D.C.

Experience

  • Duane Morris LLP
    - Senior Associate, 2025-present
  • Nelson Mullins Riley & Scarborough
    - Associate, 2021-2025
  • Fincher Denmark LLC
    Associate, 2019-2021

Education

  • The George Washington University, B.A., 2011
  • Emory University School of Law, J.D., 2018
  • Georgetown University Law Center, Master of Laws, 2023

Professional Activities

  • Georgia Asian Pacific American Bar Association (GAPABA) Member
  • National Asian Pacific American Bar Association (NAPABA) Member
  • Pi Beta Phi Fraternity for women

Language Skill

  • Hindi
  • Gujarati

Representative Matters

  • Represented K Wave Media Ltd. (Nasdaq: KWM), the first Nasdaq-listed public company to integrate Korean cultural content with a Bitcoin-focused corporate treasury model, in entering into a Securities Purchase Agreement with Anson Funds. Anson is providing up to $500 million in financing ,of which 80% must be used to purchase Bitcoin. The first tranche of financing was the issuance and sale of Senior Secured Convertible Notes representing an aggregate principal amount of over $15 million and warrants to purchase the Company’s ordinary shares. The second closing involves Senior Secured Convertible Notes representing an aggregate principal amount of over $10 million and warrants to purchase the Company’s ordinary shares. KWM secured an additional $500 million through a Standby Equity Purchase Agreement with Bitcoin Strategic Reserve.

  • Represented Global Star Acquisition Inc. (NASDAQ: GLST), a special purpose acquisition company and K Enter Holdings Inc., a holding company with an internal K drama production team based in Korea and engaged in the entertainment content and IP creation businesses, in a $590 million business combination that created K Wave Media Ltd, whose ordinary shares and warrants now trade on The Nasdaq Global Market under the symbols “KWM” and “KWMWW.”

  • Represented Maxim Group LLC in the underwritten public offering of Nexalin Technology, Inc. that raised approximately $5 million by selling 3,850,000 shares of common stock at $1.30 per share. The offering was conducted under an effective shelf registration statement filed with the SEC on April 23, 2025.