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Target Global Acquisition I Priced, Nasdaq: TGAA

Blank check company formed by Target Global focusing on European and Israeli tech companies (pending: VenHub Global Holdings).

Industry: SPAC

Latest Trade: $11.30 -0.07 (-0.6%)

First Day Return: -0.5%

Return from IPO: +13.7%

Industry: SPAC

We are a newly organized blank check company. Our sponsor is an affiliate of Target Global (“TG”), a top-tier pan-European venture capital firm headquartered in Berlin, Germany, with over €1 billion in assets under management as of end of December, 2020. TG manages funds focused on fast-growing tech-enabled companies within the consumer internet, mobility and financial technology (“FinTech”) sectors. We believe Target Global Acquisition I Corp.’s (“TGAIC”) founders’ extensive experience and strong track record in various executive, operational and investing functions across European (including the U.K.) and Israeli technology ecosystems, combined with their widespread networks strongly positions us as an attractive partner for prospective candidates for our initial business combination. Our business strategy is focused on identifying European and Israeli technology companies that would benefit from our expertise and create long-term value. We believe that our breadth of experience in these sectors will bolster our ability to thoroughly evaluate prospective candidates and successfully complete our initial business combination.
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IPO Data
IPO File Date 03/01/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/08/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
UBS Investment Bank
BofA Securities
Company Data
Headquarters Grand Cayman, Cayman Islands
Founded 2021
Employees at IPO 3
Website www.targetglobal.vc

Target Global Acquisition I (TGAA) Performance