Tio Tech A priced its IPO of 30 million units at $10 each.
The Germany-based SPAC plans to target technology companies with an enterprise value greater than $750 million.
Tio Tech A is led by Chairman Dominik Richter, founder and CEO of HelloFresh SE, a Frankfurt listed e-commerce food solutions company.
The SPAC’s units list on the Nasdaq under TIOAU. Read more.