TCV Acquisition Corp. (TCVA) Prices 35M Class A IPO at $10/sh

April 14, 2021 5:59 AM EDT

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TCV Acquisition Corp. (NASDAQ: TCVA) announced today the pricing of its initial public offering of 35,000,000 Class A ordinary shares at a price to the public of $10.00 per share. The shares are expected to begin trading on the Nasdaq Capital Market in the United States under the ticker symbol "TCVA". The initial public offering is expected to close on April 16, 2021, subject to customary closing conditions.

The Company is led by Jay Hoag, Woody Marshall, Jake Reynolds, Ric Fenton, and Erez Elisha, and is a newly organized blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar transaction with one or more businesses or entities.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are acting as book-running managers in the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 5,000,000 shares at the initial public offering price to cover over-allotments, if any.

The initial public offering is being made only by means of a prospectus.



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