TLGY Acquisition closed its IPO of 20 million units at $10 each. Units list on the Nasdaq and trade under TLGYU. Each consists of one Class A ordinary share, one-half of a warrant and a contingent right to receive at least one-fourth of a warrant.
TLGY intends to focus on the global biopharma or technology enabled B2C industries.
TLGY is led by Jin-Goon Kim, a former partner of TPG Capital and a former CEO of industry leaders in Asia, including Dell Korea and Li Ning.
Mizuho acted as sole bookrunner for the offering, and Baird was lead manager. Read more.
