Tetragon Acquisition I registered with the SEC to offer 50 million units at $10 each. A unit consists of one share of Class A common stock and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
Tetragon said it will look for a target in the alternative asset management industry, especially technology-enabled businesses.
The new SPAC is led by CEO Stephen Prince, head of TFG Asset Management. Prince was previously the deputy CIO and chair of the investment committee of Silver Creek Capital Management.
The SPAC said it intends to apply for a listing on the Nasdaq under TACQU. Read more.
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