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Fintech SPAC Thunder Bridge Acquisition prices upsized $225 million IPO at $10

June 19, 2018

Thunder Bridge Acquisition, a blank check company formed to acquire a FinTech business, raised $225 million by offering 22.5 million units at $10. Thunder Bridge Acquisition plans to list on the Nasdaq under the symbol TBRGU. Cantor Fitzgerald and CITIC CLSA acted as lead managers on the deal.