TG Venture Acquisition priced its IPO of 10 million units at $10 each. Units list on the Nasdaq and start trading today under TGVCU. Each consists of one share and a warrant.
When the securities begin separate trading, shares and warrants are expected to list under TGVC and TGVCW. The offering is expected to close No. 5.
The SPAC intends to target a business operating within the space technology, financial technology, technology, media and telecom industries and related sectors.
ThinkEquity is sole book-running manager. The underwriters have an option to purchase up to an additional 1.5 million units to cover any over-allotments. Read more.
