TB S.A. Acquisition Corp
TBSAW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001843764
CUSIP
G8657L121
Return %
Stock
S&P500
1Y
-99.92
18.21
3Y
-99.97
64.38
5Y
-99.97
72.43
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
- Andrew Rolfe
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- PO Box 1093 Grand Cayman Cayman Islands
- IPO Date
- May 13, 2021
- CIK
- 0001843764
- Similar Companies
- Business
- TB S.A. Acquisition Corp (TBSAW) operates as a blank check company, or special purpose acquisition company (SPAC), whose sole purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, with a historical focus on African companies promoting environmental, social, and governance (ESG) principles; it offers no other products or services and generates no operating revenues. Incorporated as a Cayman Islands exempted company in January 2021 and headquartered in George Town, Cayman Islands, the company conducted its initial public offering in March 2021, raising $200 million through 20 million units priced at $10 each, consisting of Class A ordinary shares and redeemable warrants (TBSAW) exercisable at $11.50 per share. Sponsored by TCP SA, LLC, an affiliate of TowerBrook Capital Partners L.P., TB S.A. Acquisition Corp targeted emerging markets in regions such as EEMEA but did not complete any business combination within its 24-month timeframe; in February 2023, it announced the redemption of all public Class A ordinary shares at approximately $10.17 per share, delisting from Nasdaq effective March 13, 2023, cessation of all operations except wind-up activities, expiration of warrants, and initiation of liquidation proceedings under Cayman Islands law.