Tiga Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing January 14, 2021
15 January 2021 - 12:01AM
Business Wire
Tiga Acquisition Corp. (the “Company”) (NYSE: TINV.U) today
announced that, commencing January 14, 2021, holders of the units
sold in the Company's initial public offering of 27,600,000 units
completed on November 23, 2020 may elect to separately trade the
Class A ordinary shares and warrants included in the units. Class A
ordinary shares and warrants that are separated will trade on the
New York Stock Exchange under the symbols “TINV” and “TINV WS,”
respectively. Those units not separated will continue to trade on
the New York Stock Exchange under the symbol “TINV.U.” No
fractional warrants will be issued upon separation of the units and
only whole warrants will trade. Holders of units will need to have
their brokers contact Continental Stock Transfer & Trust
Company, the Company's transfer agent, in order to separate the
units into Class A ordinary shares and warrants.
The Company is led by CEO and Chairman G. Raymond Zage III,
founder and CEO of Tiga Investments and former Managing Director
and CEO of Farallon Capital Asia, and President and Director Ashish
Gupta, Managing Director of Tiga Investments and a former Partner
and Portfolio Manager at Farallon Capital Asia.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
The offering was made by means of a prospectus. Copies of the
prospectus may be obtained for free from Credit Suisse Securities
(USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive,
Morrisville, North Carolina 27560, Telephone: 1-800-221-1037,
Email: usa.prospectus@credit-suisse.com and Goldman Sachs & Co.
LLC, 200 West Street, New York, NY 10282, Attention: Prospectus
Department, Telephone: 1-866-471-2526, Email:
prospectus-ny@ny.email.gs.com. Copies of the prospectus may also be
obtained by visiting EDGAR on the SEC’s website at www.sec.gov.
About Tiga Acquisition Corp.
The Company is a blank check company formed for the purpose of
effecting a merger, share exchange, asset acquisition, share
purchase, reorganization or similar business combination with one
or more businesses. We will seek to capitalize on the more than 46
years of combined financing and investment experience of our
founders G. Raymond Zage, III and Ashish Gupta. We believe that the
established and diverse investment experience of our founders, who
have developed a significant network of deep global relationships,
will well-position our sponsor in sourcing and identifying suitable
target businesses that may provide opportunities for an attractive
risk adjusted return to our shareholders. Our founders have a
strong track record of identifying and executing highly
differentiated special situations investments and have generated
attractive returns for their investors over the past two decades.
For more information, please visit https://www.tiga-corp.com. The
information contained on, or accessible through, the Company’s
website is not incorporated by reference into this press release,
and you should not consider it a part of this press release.
Cautionary Statement Concerning Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
proposed initial public offering and the anticipated use of the net
proceeds. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company’s preliminary
prospectus for the Company’s offering filed with the U.S.
Securities and Exchange Commission (the “SEC”). Copies of these
documents are available on the SEC’s website, www.sec.gov. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210114005545/en/
Diana Luo, Tiga Acquisition Corp.
CFO@tigaacquisitioncorp.com
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