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Triterras (Netfin Acquisition) Priced, Nasdaq: TRIT

Blank check company targeting a fintech business in an emerging market (completed 11/10/2020).

Industry: SPAC

First Day Return: +0.2%

Industry: SPAC

We are a newly incorporated blank check company incorporated in 2019. Over the past several years, we believe that there has been a significant rise in the level of interconnectivity between sophisticated, innovative technology and the financial services sector. We believe that there are many potential targets in the fintech industries that could become attractive public companies and that could be well-positioned to deliver substantial value to shareholders. We intended to seek potential targets that exhibit a broad range of business models and financial characteristics that range from very high growth innovative companies to more mature businesses with established franchises, recurring revenues and strong cash flows. We intend to seek business combination targets that are established businesses that we believe are fundamentally sound but are potentially in need of financial, operational, strategic or managerial redirection to maximize value. We also intend to consider early stage companies that exhibit the potential to change the industries in which they participate and which offer the potential of sustained high levels of revenue growth. Our management team is an international team comprised of finance, technology and investment and merchant banking leaders with senior level, multi-national operational and transactional experience drawn from top global institutions. Furthermore, the members of our board of directors have a variety of experience and expertise in fintech, blockchain, mobile technologies and data and analytics as well as experience as investors and entrepreneurs in Silicon Valley.
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IPO Data
IPO File Date 07/11/2019
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.0
Deal Size ($mm) $220
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/31/2019
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $220
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2019
Employees at IPO 3
Website triterras.com

Triterras (Netfin Acquisition) (TRIT) Performance