Dubai's Arrow Capital co-sponsors $240m SPAC with US venture firm
Nasdaq-listed blank-cheque company is seeking technology companies that show 'inflection points in their growth trajectory'
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Nasdaq-listed blank-cheque company is seeking technology companies that show 'inflection points in their growth trajectory'
Arrow Capital co-sponsors $240 million Nasdaq tech SPAC DUBAI, March 8, 2021 Arrow Capital, a regulated financial and investment advisory company, with offices in the Dubai International Financial Centre and Mauritius, announces the closing of the initial public offering of a $240 million technology SPAC, Tribe Capital Growth Corp. Arrow has co-sponsored the SPAC, in partnership with leading Silicon Valley venture capital firm Tribe Capital. Tribe Capital Growth Corp I’s units are trading under the ticker ATVCU on Nasdaq. The blank check company will seek a target in the techno...
Tribe Capital Growth Corp I will target the tech sector by Zainab Mansoor March 8, 2021 Dubai’s financial and investment advisory company, Arrow Capital, confirmed the closing of the initial public offering of a $240m technology SPAC, Tribe Capital Growth Corp I. Arrow, which has offices in DIFC and Mauritius, has co-sponsored the SPAC, in partnership with Silicon Valley venture capital firm Tribe Capital. Tribe Capital Growth Corp I’s units are trading under the ticker ATVCU on Nasdaq. The blank check company will seek a target in the technology sector, pursuing M&A oppor...
DUBAI: Arrow Capital, a Dubai-based investment advisory firm, has partnered with a Silicon Valley venture capital firm to set up a $240 million investment vehicle that aims to identify a potential technology partner to list on the Nasdaq New York. Arrow has teamed up with San Francisco-based Tribe Capital to partner on a special purpose acquisition company (SPAC) and,
Arrow Capital-backed tech SPAC Tribe Capital Growth raises $240m in US IPO Photo: REUTERS/Beawiharta March 8, 2021 Tribe Capital Growth I, a tech-focused blank check company formed by Silicon Valley-based early-stage venture capital firm Tribe Capital Management and Singapore-led investment advisory firm Arrow Capital, has raised $240 million in its initial public offering (IPO) on the Nasdaq. The special purpose acquisition company (SPAC) offered 24 million units at $10 each, with every unit composed of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The units a...