Renaissance Capital logo

China-focused blank check company TKK Symphony Acquisition prices US IPO at $10

August 16, 2018

TKK Symphony Acquisition, a blank check company formed to acquire a consumer products business in China, raised $220 million by offering 22 million units at $10. Each unit consists of one share of common stock, one warrant to purchase one half of one ordinary share at $5.75 per half share and one right to receive one tenth of one share of common stock. TKK Symphony Acquisition plans to list on the Nasdaq under the symbol TKKSU. EarlyBirdCapital acted as a lead manager on the deal.