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Zalatoris Acquisition (Trajectory Alpha Acquisition) Priced, NYSE: TCOA

Blank check company targeting a disruptive technology-driven business (pending: AnyTech365).

Industry: SPAC

Latest Trade: $11.03 +0.01 (+0.0%)

First Day Return: -0.9%

Return from IPO: +10.2%

Industry: SPAC

We are a newly formed blank check company. While we may pursue an initial business combination in any industry or sector, our objective is to identify and work with a disruptive, technology-driven business that leverages its unique intellectual property ("IP") and proprietary data to develop a sustainable competitive advantage and, in turn, dislodge slower moving incumbents in the target’s selected end markets. Significant advances in software development, broadening of artificial intelligence applications, massive digitization of data and/or content and rapid decline in the cost of cloud computing has enabled a new generation of entrepreneurs and companies to create scalable technology architectures and applications capable of not only competing in, but disrupting, entire established and large-scale industries. In surveying the landscape for technology disruptors that exhibit these characteristics, we believe that numerous high-quality opportunities exist among venture capital and private equity portfolio companies and non-core divisions or assets of large technology business enterprises. We also believe that our team’s distinguished track record of sourcing, investing in, acquiring and building technology driven, IP-led companies will provide us with differentiated insights and sourcing opportunities within the sector.
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IPO Data
IPO File Date 03/08/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Guggenheim Securities
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees 2

Zalatoris Acquisition (Trajectory Alpha Acquisition) (TCOA) Performance