TCV Acquisition Corp. (TCVA) Prices $350M IPO


TCV Acquisition Corp. (TCVA) Prices $350M IPO

TCV Acquisition Corp. announced the pricing of its $350 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “TCVA” April 14.

The new company aims to combine with a high-quality growth company in the fintech sector with a sound business model. TCV is led by Chairman Jay Hoag, Co-CEOs Christopher Marshall and Jon Reynolds Jr., President Frederic Fenton, and CFO Erez Elisha.

Total SPAC deal count for 2021 year-to-date is now 307. This offering is expected to close on Friday, April 16.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are acting as book-running managers in the offering. Ropes & Gray LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.