TCW Stock & Warrants to Begin Separate Trading

Shares and Warrants

TCW Special Purpose Acquisition shares and warrants may be traded separately starting April 22, the SPAC said.

Units not separated will continue to trade on the NYSE under TSPQ.U, while shares of Class A common stock and redeemable warrants that are separated will trade under TSPQ and TSPQ WS, respectively.

TCW in an IPO last month raised $450 million “to identify, merge with and take public a durable and predictable business well positioned to deliver superior revenue growth.” Read more

Total
0
Shares
Related Posts
Virtuoso Acquisition
Read More

Wejo and TKB file S-4 on $100M Deal

Announced in January, the structure of the transaction seeks to limit TKB stockholder redemptions and maximize cash delivered to Wejo by providing TKB investors with an approximately 10% premium to the estimated cash in TKB’s trust.