Page 8 - Tio Tech News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Aidan Gregory 15 Apr 2021 The relentless flow of special purpose acquisition companies coming to the market is causing unease among investors about market saturation, with $140bn raised so far this year. Only the highest quality sponsors are likely to succeed in bringing new Spacs to IPO from now on, writes Aidan Gregory. A staggering amount of capital has been raised by blank cheque companies over the past year, by a glittering array of sponsors, including leading figures in the banking and technology industries on both sides of the Atlantic.This week Tio Tech, a new Spac, raised $300m on...

HelloFresh Founder Lists $300 Million SPAC For European Tech Buyouts Tio Tech Dominik Richter, CEO and founder of HelloFresh, and venture capital investor Roman Kirsch have raised $300 million for a blank-check company to reverse-merge with European tech companies.  Richter, who floated the Berlin-based meal-kit delivery company on the Frankfurt Stock Exchange in 2017, said the Tio Tech Spac would be focused on acquiring consumer tech, Fintech, SaaS, or media companies. A merger with a blank-company could offer founders access to much-needed late-stage capital capital without the regulatory ...

SPAC Wrap: RICE stock takes off, TWCT is muted on Deal Announcements. IPOs Take a Rest Day RICE surged over 50% on its Renewable Gas M&A deal, while True Wind Capital's deal with Cellebrite was greeted with a much more muted reaction from the market Author: Apr 8, 2021 While M&A pops had returned a bit, it's been awhile since we've seen a massive rally on a SPAC name after announcing an M&A deal, which is exactly what happened today with Rice Acquisition Corp (RICE) up 52%. Rice is  combining Aria Energy and Archaea Energy and taking them public in a $1.15 billion merger. That will make th...

Tio Tech A Announces Pricing of $300 Million Initial Public Offering BERLIN, GERMANY / ACCESSWIRE / April 8, 2021 / Tio Tech A (the "Company") announced the pricing on April 7, 2021, of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market ("Nasdaq") and to trade under the ticker symbol "TIOAU", beginning on April 8, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11....