TETCU News

Tech and Energy Transition, a blank check company backed by Macquarie targeting differentiated tech, raised $385 million by offering 38.5 million units at $10. The company offered 3.5 million more units than anticipated. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The company is led by ...read more

Tech and Energy Transition, a blank check company backed by Macquarie targeting differentiated tech, filed on Wednesday with the SEC to raise up to $350 million in an initial public offering. The New York, NY-based company plans to raise $350 million by offering 35 million units at $10. Each unit will consist of one share of common stock and one-third of a warrant, exercisable...read more