Tio Tech A registered with the SEC to offer 30 million units at $10 each to raise $300 million for the acquisition of a technology business.
While the S-1 filing does not cite a specific technology sector the Germany-based SPAC may target, management has extensive experience in the European technology landscape.
Tio Tech A is led by Chairman Dominik Richter, founder and CEO of HelloFresh SE, a Frankfurt listed e-commerce food solutions company with a market cap of more than $10 billion as of Dec 30.
The SPAc intends to list on the Nasdaq under TIOAU. Read more.
