TradeUP Global Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
TradeUP Global Corporation (NASDAQ: TUGCU) ("TradeUP Global" or the "Company") announced today the pricing of its initial public offering ("IPO") of 4,000,000 units at price of $10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "TUGCU" beginning on April 29, 2021. Each unit issued in the IPO consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share of the Company at a price of $11.50 per share. After the securities comprising the units begin separate trading, the Company's Class A ordinary shares and warrants are expected to be listed on the NASDAQ under the symbols "TUGC," and "TUGCW," respectively.