Renaissance Capital logo

TPBAU News

SPAC TPB Acquisition I prices downsized $175 million IPO, targeting sustainable food production

TPBAU

TPB Acquisition I, a blank check company formed by venture foundry The Production Board targeting sustainable businesses in food and bio, raised $175 million by offering 17.5 million units at $10. The company offered 2.5 million fewer units than anticipated. Each consists of one share of common stock and one-third of a warrant, exercisable at $11.50.  The SPAC is led...read more

SPAC TPB Acquisition I lowers deal size by 20% ahead of $200 million IPO

TPBAU

TPB Acquisition I, a blank check company formed by venture foundry The Production Board targeting sustainable businesses in food and bio, lowered the proposed deal size for its upcoming IPO on Wednesday. The San Francisco, CA-based company now plans to raise $200 million by offering 20 million units at $10. The company had previously filed to offer 25 million units at the same...read more

TPB Acquisition I files for a $250 million IPO; SPAC targets sustainable food production

TPBAU

TPB Acquisition, a blank check company formed by venture foundry The Production Board targeting sustainable businesses in food and bio, filed on Friday with the SEC for an initial public offering. The San Francisco, CA-based company plans to raise $250 million by offering 25 million units at a price of $10, where it would command a market value of $313 million. Units consist of...read more

Archived Headlines