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Tech and Energy Transition Priced, Nasdaq: TETCU

Blank check company backed by Macquarie targeting differentiated tech.

Industry: SPAC

Latest Trade: $9.85 -0.05 (-0.5%)

First Day Return: -0.3%

Return from IPO: -1.0%

Industry: SPAC

We are a blank check company. We intend to capitalize on sector transformative events by focusing on companies that use or facilitate disruptive, differentiated technology to build, enable, service or manage businesses or infrastructure undergoing transformation. In particular, we intend to focus on private and public companies as potential initial business combination targets in end markets — software, technology enabled services, communications, internetworking, clean energy and industrial technology — that enable or support digital transformation. We believe these sectors have attractive growth characteristics and address compelling opportunities, with demand drivers arising from the global migration towards the (i) use of intelligent networks, (ii) sourcing and production of clean energy and (iii) the adoption of digital technologies to optimize operational efficiencies. Although we believe companies active in the software, communications, energy transition, tech enabled services sectors are best aligned with our strategy under current market conditions, we may pursue an initial business combination in any business, industry or geographic location.
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IPO News for Tech and Energy Transition
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IPO Data
IPO File Date 02/24/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 38.5
Deal Size ($mm) $385
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/16/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 38.5
Deal Size ($mm) $385
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters New York, NY
Founded 2017
Employees 4