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Technology & Telecommunication Acquisition Priced, Nasdaq: TETEU

Blank check company targeting the telecom and tech sector in Malaysia.

Industry: SPAC

Latest Trade: $10.14 0.00 (0.0%)

First Day Return: -0.1%

Return from IPO: +1.4%

Industry: SPAC

We are a blank check company incorporated in the Cayman Islands on November 8, 2021 as an exempted company with limited liability (meaning that our public shareholders have no liability, as shareholders of our company, for the liabilities of our company over and above the amount paid for their shares). We were formed for the purpose of entering into an asset or business combination, merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “Target Business.” Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location, although we currently intend to focus on technology and telecommunications opportunities in Malaysia. However, we expressly disclaim any intent to and will not consummate a business combination with a target business located in China or Hong Kong and Macau. We will seek to acquire companies with enterprise values of between $100 million and $500 million that are preferably already cash generative.
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IPO News for Technology & Telecommunication Acquisition
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IPO Data
IPO File Date 12/22/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/14/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Kuala Lumpur, Malaysia
Founded 2021
Employees 2