Tribe Capital Growth II Files for $300M IPO

Tribe Capital

Tribe Capital Growth II filed with the SEC to ofer 30 million units at $10 each. A unit consists of one share of Class A common stock and one-fourth of one redeemable warrant; whole warrants exercisable at $11.50.

The SPAC said it will “pursue partnership opportunities with top-decile private technology companies that are exhibiting inflection points in their growth.”

Tribe II is led by Chairman, CEO and Director Arjun Sethi, whose independent investments include companies such as Opendoor, Gusto and Truecaller. Sethi also co-founded VC firm Tribe Capital Management in 2018.

The SPAC said it will apply for a NYSE listing under BTVC. Read more.

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