Technology & Telecommunication Acquisition priced its initial public offering of 10 million units at $10 each. The units will be listed on the Nasdaq and begin trading tomorrow, Jan. 18, under the ticker symbol TETEU. Each consists of one share and a warrant.
Once the securities begin separate trading, shares and warrants are expected to be listed under the symbols TETE and TETEW.
The new SPAC intends to focus its search on companies in the technology and telecommunications sector in Malaysia. The Company is led by Chairman and CEO Tek Che Ng.
EF Hutton is sole book running manager for the offering. Read more.