Tiga Spac roars with $240m from larger US IPO

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By Jonathan Breen
24 Nov 2020

Singapore-based Tiga Acquisition Corp has raised $240m after increasing the size of its New York Stock Exchange IPO.

Tiga is a special purpose acquisition company (Spac), commonly called blank check companies, and floated with no assets. Spacs aim to identify and acquire attractive businesses.

Tiga has six months to make an acquisition or it will refund investors in full. However, its sponsor, Tiga Sponsor, has the ...

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