Tech SPAC two Prices $200M IPO

New tech SPAC two priced its IPO of 20 million shares at $10 each. The offering did not include warrants.

Shares begin trading today on the NYSE under TWOA.

The SPAC is led by Kevin Hartz, co-founder of Eventbrite.

Citigroup Global Markets is serving as the sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to 3,000,000 additional shares to cover any over-allotments. Read more.

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The SPAC intends "to capitalize on the extensive experience of our sponsor group and management team to pursue an initial business combination in the media, entertainment, consumer technology, healthcare, and education industries in Southeast and South Asia, with a particular focus on India."