Singapore-based Tiga Acquisition announced late last night that it priced its IPO of 24,000,000 units at $10 per unit. The offering amount was increased from the previously announced $200 million IPO. Tiga has not announced any particular sector it may target, noting that it will explore companies that the marketplace may not understand yet have strong fundamentals.
Units will list today on the NYSE under “TINV.U” with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.
Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on the NYSE under the symbols “TINV” and “TINV WS,” respectively. Read more.
