Kimbell Tiger Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “TGR.U” Friday, February 4.
The new SPAC intends to focus its search in the energy and natural resources industry in North America. Kimbell Tiger is led by President and CEO Zachary M. Lunn, Controller R. Blayne Rhynsburger, Chairman of the Board of Directors Robert D. Ravnaas, and Strategic Advisors R. Davis Ravnaas, and Matthew S. Daly.
Total SPAC deal count for 2022 year-to-date is now 27. This offering is expected to close on Tuesday, February 8.
UBS Investment Bank is acting as the sole book-running manager for the offering. Tudor, Pickering, Holt & Co. is acting as capital markets advisor in connection with the initial public offering. White & Case LLP is serving as Issuer’s Counsel with Proskauer Rose LLP serving as Underwriter’s Counsel. KPMG LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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