Technology & Telecommunication Acquisition Corporation
TETEF
Other OTC12.08
USD
- -
- -
CIK
0001900679
ISIN
KYG871191063
CUSIP
G87119106
Return %
Stock
S&P500
1Y
- -
18.21
3Y
9.03
64.38
5Y
21.77
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
- Tek Che Ng
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- C3-2-23A, Jalan 1/152 Kuala Lumpur SE Malaysia 58200
- IPO Date
- Mar 9, 2022
- CIK
- 0001900679
- Website
- tete-acquisition.com
- Similar Companies
- Business
- Technology & Telecommunication Acquisition Corporation (TETEF) is a Cayman-domiciled blank-check company formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities in the technology and telecommunications sector, with a focus on Malaysia. Founded in 2021, it maintains its headquarters in Kuala Lumpur, Malaysia, and pursues opportunities principally within Southeast Asia’s tech and telecom landscape, leveraging a governance structure designed to identify and consummate a strategic business combination within its investment objectives. Main products and services - Acquisition vehicle operations: establishment of a publicly listed shell to facilitate a pending business combination; preparation of target screening criteria; identification and evaluation of potential merger partners; negotiation and execution of a definitive transaction; post-combination financing and corporate integration support. - Target search and deal flow management: strategic sourcing of technology and telecommunications targets; due diligence coordination; formation of acquisition structures; facilitation of reverse mergers or share exchanges; alignment with sponsor and investors on transaction terms. - Investment and governance services: ongoing oversight of SPAC-related activities; investor communications; compliance with exchange and regulatory requirements; coordination of trust and funds administration; post-merger value creation planning. Latest major company changes - Extension of business combination deadline to February 2026 through shareholder-approved amendments to the Amended and Restated Memorandum and Articles of Association and the investment management trust agreement, reflecting a strategic decision to broaden the window for identifying a suitable target and completing a transaction; the extension moves the deadline to enable more thorough due diligence and deal execution in a competitive market. - Ongoing governance amendments to support extended timeline and enhanced flexibility for strategic partnerships, including potential extensions and reorganizations within terms approved by shareholders; these changes indicate a continued focus on securing a high-quality technology or telecommunications target in a timely manner. Additional context - Industry and segments: SPAC vehicle operating in the technology and telecommunications space with a regional emphasis on Malaysia and broader Southeast Asia; target markets include digital infrastructure, software-enabled services, and ICT platforms that leverage emerging technologies. - Geographic scope: headquartered in Kuala Lumpur, Malaysia; intended operations and target opportunities span Malaysia and adjacent Southeast Asian markets, with potential cross-border transactions. - Founding year and corporate structure: incorporated in 2021 as a blank-check company; designed to pursue a single business combination transaction or similar business arrangement; publicly traded on OTC markets under TETEF with ticker variants TETEF/TETWF/TETUF. - Subsidiaries/affiliates: operates as a shell company with a structured investment management framework; relies on partnerships with institutional investors, sponsors, and service providers to manage fiduciary duties and transaction execution. - Founders and management: structured around a sponsor group and board designed to evaluate and execute a technology- and telecommunications-focused business combination; management aligns with investors on target identification, valuation, and post-transaction governance. Note: This description synthesizes publicly available information on the company’s stated business objective, recent governance changes, and operational posture as a Malaysia-focused technology and telecommunications SPAC vehicle. For the latest precise terms, filings, and formal definitions, refer to the company’s official materials and regulatory disclosures.