TCW Special Purpose Acquisition Corp. announced the pricing of its upsized $450 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “TSPQ.U,” Tuesday, March 2.
The new company aims to combine with a cash generative target in the in the technology, healthcare, industrial or consumer sectors. TCW is led by Chairman and CEO Joseph R. Shaposhnik, CFO and Secretary Richard Villa, and EVP Leo L. Chan.
Total SPAC deal count for 2021 year-to-date is now 199. This offering is expected to close on Thursday, March 4.
Citigroup Global Markets Inc. and Barclays Capital Inc. are serving as the joint book-running managers for the offering. Skadden, Arps, Slate, Meagher & Flom LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Lightwave Acquisition Corp. (NASDAQ:LWACU) announced the pricing of its $187.5 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LWACU”, Wednesday, June 25, 2025. The new SPAC plans to combine with a technology target or another industry that complements its management team’s background. Lightwave’s management team is led...
Oxley Bridge Acquisition Limited (NASDAQ:OBAU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “OBAWU”, Wednesday, June 25, 2025. The Company’s primary focus will be to search globally for a target with operations or prospects focusing on global consumer and technology sectors...
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Columbus Circle I (NASDAQ:CCCM) has entered into a definitive agreement to combine with ProCap Financial as part of a raise of about $1 billion in capital for the target company. ProCap aims to build a Bitcoin treasury that will eventually provide the backing for a financial institution providing investment banking services. The combined company is...
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