Global Technology Acquisition Corp. I
GTACU
NASDAQ Global Market11.47
USD
+0.16
- -
CIK
0001848821
ISIN
KYG3934N1236
CUSIP
G3934N123
Return %
Stock
S&P500
1Y
4.37
18.02
3Y
13.00
64.11
5Y
14.24
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Arnau Porto Dolc
- Full Time Employees
- 4
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 19 West 24th Street New York City NY United States of America 10010
- IPO Date
- Oct 21, 2021
- CIK
- 0001848821
- Website
- gtac.io
- Similar Companies
- Business
- Global Technology Acquisition Corp. I (GTACU) is a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, focusing primarily on technology companies in the marketplace, financial technology (FinTech) and software-as-a-service (SaaS) verticals within Europe, Latin America and the United States; it raises capital through public offerings of units comprising Class A ordinary shares and redeemable warrants without conducting traditional commercial operations prior to identifying and completing a target combination. Headquartered in Grand Cayman, Cayman Islands, with principal executive offices in Zephyr Cove, Nevada, the company was founded in 2021 and completed an upsized initial public offering in October 2021 raising $200 million in gross proceeds, underwritten by Citigroup and Goldman Sachs. GTACU targets emerging growth opportunities in global technology sectors, leveraging its sponsor's deal sourcing channels and relationships to pursue value-driven transactions that position merged entities for public market success. In recent developments, the company mutually terminated its May 2024 business combination agreement with Tyfon Culture Holdings Limited in August 2024, receiving a $3.2 million termination fee and agreeing to potential additional payments upon liquidation; it extended its merger deadline multiple times, including to October 25, 2024, via trust deposits, before liquidating in October 2024 without completing a deal; board changes included the resignation of director Courtney Robinson and subsequent committee reassignments among independent directors Garth Mitchell, Javier Saade and Gloria Fu. As a blank-check entity domiciled in the Cayman Islands, GTACU operates in the business services industry without subsidiaries or ongoing revenue-generating activities, returning trust proceeds to shareholders upon liquidation.
Tyfon and Global Technology Acquisition Corp. I Announce Public Filing of Registration Statement on Form F-4 in Connection with Proposed Business Combination