Thunder Bridge Capital Partners III Inc. (TBCPU) Prices Upsized $360M IPO

Thunder Bridge Capital Partners III Inc.  announced the pricing of its upsized $360 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “TBCPU” Friday, February 5.

The new company aims to combine with a company in the financial services industry. Thunder Bridge Capital Partners III Inc. is led by CPresident, Chief Executive Officer and Director Gary A. Simanson alongside Chief Financial Officer William A. Houlihan.

Total SPAC deal count for 2021 year-to-date is now 111 with $32.4 billion in gross proceeds raised. This offering is expected to close on Tuesday, February 9.

Morgan Stanley & Co. LLC is acting as sole book running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with ERopes & Gray LLP serving as Underwriter’s Counsel. Grant Thornton LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.