Tenzing Acquisition Corp. Prices Upsized $55 Million SPAC
Aug 21, 2018 INTEL by Kristi Marvin
Tenzing Acquisition Corporation announced the pricing of their upsized $55 million SPAC last night and the unit will begin trading this morning under the symbol TZACU.
Tenzing, which intends to focus on companies in India that have an enterprise value between $150 million and $500 million, is being led by Rahul Nayar, as CEO, and Parag Saxena, as Chairman.
Total 2018 deal count is now 29 SPACs with $6.885 billion in total gross proceeds raised.
Congratulations to all.
Maxim Group LLC, acted as sole book running manager.