TLGY Acquisition Adds $30M to Coffers Through Underwriters’ Full Exercise of Over Allotment Option

TLGY Acquisition said the underwriters of its IPO fully exercised their option to purchase an additional 3 million units at $10 each, resulting in additional gross proceeds of $30 million. The total number of units sold by the SPAC in the offering increased to 23 million units for aggregate gross proceeds of $230 million.

Units list on the Nasdaq under ticker symbol TLGYU.

TLGY intends to focus on the global biopharma or technology enabled B2C industries. Read more.

Total
0
Shares
Related Posts