Tribeca Strategic Acquisition Corp. (BIDWU) Prices $140M IPO
Tribeca Strategic Acquisition Corp. (NASDAQ:BIDWU) announced the pricing of its $140 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BIDWU” on Friday, May 29, 2026.
The new SPAC intends to focus on target businesses in the software, technology, artificial intelligence, digital asset, clean energy and other high growth sectors.
Tribeca Strategic Acquisition Corp. is to be led by Chairman and Chief Executive Officer Timothy R. Ramdeen and Chief Operating Office, Chief Financial Officer and Director Sukhvinder Gill. Mihir Dange, Gilbert H. Dunham, Jr., Andrew Oakley and Mattia Tomba will serve on its Board of Directors.
Total SPAC deal count for 2026 year-to-date is now 98. This offering is expected to close on Monday, June 1, 2026.
BTIG, LLC is acting as sole book-running manager for the offering and Odeon Capital Group LLC is acting as co-manager for the offering. Benesch Friedlander Coplan & Aronoff LLP is serving as Issuer’s Counsel with DLA Piper LLP (US) serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Efficiency INC. is acting as trustee.
