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Tio Tech A Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing on or About June 1, 2021


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NEW YORK, NY / ACCESSWIRE / May 28, 2021 / Tio Tech A (NYSE:TIOAU) (the Company ) announced that holders of the units sold in the Company s initial public offering of 34,500,000 units (including 4,500,000 units sold in connection with the full exercise of the underwriter s over-allotment option) may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about June 1, 2021. Any units not separated will continue to trade on The Nasdaq Stock Market LLC (the Nasdaq ) under the symbol TIOAU , and each of the Class A ordinary shares and warrants will separately trade on Nasdaq under the symbols TIOA and TIOAW , respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company s transfer agent, in order to separate the units into Class A ordinary shares and warra ....

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Concerns grow over Spac deluge


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 the Nasdaq, ....

Aidan Gregory , Atlantic This , Tio Tech , உதவி கிரெகொரி , அட்லாண்டிக் இது , த்ிோ தொழில்நுட்பம் ,

HelloFresh Founder Lists $300 Million SPAC For European Tech Buyouts


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 hoops involved in an initial public offering, said Richter. 
“I think what has become clear to us that it s become a very viable alternative for late-stage growth companies to go public,” said Richter. “If you look at the traditional IPO process and I think it’s extremely time consuming and I know that from my experience at HelloFresh.it distracts you from running the ....

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