SINGAPORE–(Enterprise WIRE)–May well 23, 2022–
Tiga Acquisition Corp. (the “Company”), a blank examine business formed for the reason of effecting a merger, share exchange, asset acquisition, share buy, reorganization or comparable business combination with one or much more firms (a “Business Combination”), introduced right now that it has permitted an extension of the time interval to consummate a Organization Mix, in accordance with Write-up 49.8 of the Company’s Amended and Restated Memorandum and Articles of Affiliation, to and which includes November 27, 2022.
In connection therewith, the Enterprise has also approved the issuance and sale of, to Tiga Sponsor LLC (the “Sponsor”), an supplemental 2,760,000 personal placement warrants at $1.00 for each warrant, the proceeds of which will be deposited into the Company’s Belief Account. Each individual warrant entitles the holder thereof to buy just one Class A regular share at a price tag of $11.50 per share.
This push launch shall not constitute an provide to promote or the solicitation of an present to invest in, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be illegal prior to registration or qualification beneath the securities legal guidelines of any this kind of condition or jurisdiction.
Cautionary Assertion Concerning Ahead-Wanting Statements
This push launch incorporates statements that constitute “forward-wanting statements,” which include with regard to the proposed order by the Sponsor of more personal placement warrants and the anticipated deposit of the proceeds of this kind of invest in in the Company’s Have confidence in Account. No assurance can be supplied that the transactions mentioned above will be completed on the phrases explained, or at all, or that the proceeds of the buy of personal placement warrants will be deposited as indicated. Forward-on the lookout statements are topic to quite a few disorders, lots of of which are further than the command of the Company.
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Make contact with: Buyers:Diana Luo, Tiga Acquisition Corp.
Search term: ASIA PACIFIC SINGAPORE
Industry Search term: Qualified Providers FINANCE
Resource: Tiga Acquisition Corp.
Copyright Enterprise Wire 2022.
PUB: 05/23/2022 03:00 AM/DISC: 05/23/2022 03:02 AM
Copyright Company Wire 2022.