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Tiga Acquisition Corp. Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Units

Nov 27, 2020 - Business Wire
Mergers and Acquisitions

Tiga Acquisition Corp. (the "Company") (NYSE: TINV.U) today announced the closing of its initial public offering of 27,600,000 units, which includes 3,600,000 units issued upon the exercise of the underwriters' overallotment option, which was exercised in full, at a public offering price of $10.00 per unit, resulting in gross proceeds of $276 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchas...