TCG Growth Opportunities Files for $250M IPO

IPO

TCG Growth Opportunities registered with the SEC to offer 25 million units at $10 each.

TCG Growth in the filing said it will target consumer-oriented internet businesses, including companies in the media, commerce, health and wellness, sports, gaming, digital education, entertainment, and technology sectors. 

The new SPAC is led by Chairman Peter Chernin, who serves as the chairman and CEO of TCG 1.0, which he co-founded in 2010, a partner of TCG, which he co-founded in 2018, and CEOI of Chernin Entertainment, which he founded in 2009. Previously, he was president and COO of News Corporation from 1996 to 2009

The SPAC plans a Nasdaq listing under TCGGU. Read more.

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