Tribe Capital Growth Corp I (ATVCU): Price and Financial Metrics

Tribe Capital Growth Corp I Announces Closing of $276 Million Initial Public Offering

Tribe Capital Growth Corp I ("the Company" or "TCGC") announced today that the closing of its initial public offering of 27,600,000 units, including 3,600,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $276,000,000. The Company’s units began trading on Nasdaq Capital Market ("Nasdaq") on March 5, 2021, under the ticker symbol "ATVCU." Each unit consists of one share of the Company’s Class A common stock and one-fourth of one redeemable warrant, each whole warrant enabling the holder to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class ...

Yahoo | March 9, 2021