Target Global Acquisition I Trims 20% Off Deal Size Ahead of $200M IPO

Target Global Acquisition I in an amended S-1 disclosed it now plans to offer 20 million units at $10 each, down from the 25 million initially registered with the SEC in March. The SPAC also has two forward-purchase agreements in place totalling $50 million.

A unit consists of one Class A share and one-third of a warrant.

The SPAC expects to price the offering Nov. 29.

Target Global sponsor is a European VC firm. The SPAC is broadly focused on technology companies.

The SPAC has applied to list on the Nasdaq under TGAAU. Read more.

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Integrated Rail and Resources Files for $275M IPO

The new SPAC in the filing said its focus is on North American railroad companies that transport bulk commodities, terminal companies that transload bulk commodities to and from railroads and pipelines, trucks, and ports, the companies that produce bulk commodities moved by railroads in large volumes, and the rail cars that are used to transport bulk commodities.