SINGAPORE–(Organization WIRE)–Might 23, 2022–
Tiga Acquisition Corp. (the “Company”), a blank verify corporation shaped for the goal of effecting a merger, share exchange, asset acquisition, share order, reorganization or comparable small business combination with 1 or extra businesses (a “Business Combination”), declared now that it has authorized an extension of the time time period to consummate a Business Blend, in accordance with Short article 49.8 of the Company’s Amended and Restated Memorandum and Article content of Association, to and together with November 27, 2022.
In link therewith, the Enterprise has also accepted the issuance and sale of, to Tiga Sponsor LLC (the “Sponsor”), an extra 2,760,000 non-public placement warrants at $1.00 for each warrant, the proceeds of which will be deposited into the Company’s Have confidence in Account. Each individual warrant entitles the holder thereof to purchase one particular Course A normal share at a price of $11.50 for every share.
This press launch shall not constitute an present to market or the solicitation of an give to invest in, nor shall there be any sale of these securities in any point out or jurisdiction in which these types of offer, solicitation or sale would be illegal prior to registration or qualification below the securities laws of any this sort of condition or jurisdiction.
Cautionary Statement Concerning Ahead-On the lookout Statements
This press launch has statements that represent “forward-seeking statements,” such as with respect to the proposed buy by the Sponsor of added non-public placement warrants and the predicted deposit of the proceeds of these types of acquire in the Company’s Believe in Account. No assurance can be given that the transactions talked about earlier mentioned will be completed on the terms explained, or at all, or that the proceeds of the buy of personal placement warrants will be deposited as indicated. Forward-looking statements are subject matter to various conditions, several of which are outside of the management of the Firm.
Look at supply model on businesswire.com:https://www.businesswire.com/information/household/20220523005374/en/
Contact: Traders:Diana Luo, Tiga Acquisition Corp.
Key word: ASIA PACIFIC SINGAPORE
Business Keyword: Qualified Expert services FINANCE
Resource: Tiga Acquisition Corp.
Copyright Small business Wire 2022.
PUB: 05/23/2022 03:00 AM/DISC: 05/23/2022 03:02 AM
Copyright Business Wire 2022.