TB SA Acquisition Registers $250M IPO

IPO

TB SA Acquisition filed with the SEC to offer 25 million units to raise $250 million for targeting African companies that promote environmental, social and governance, or ESG, principles. 

The SPAC’s sponsor is TCP SA, an affiliate of TowerBrook, an investment management firm with headquarters in New York and London.

TB SA is led by CEO and Director Andrew Rolfe, who has served as a senior executive at several multinational corporations.

A Nasdaq listing is planned under TBSAU. Read more.

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