TLGY Acquisition Corp. announced the pricing of its upsized $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TLGY” Wednesday, December 1.
The new SPAC intends to focus its search on the global biopharma or technology-enabled business-to-consumer (“B2C”) industries. TLGY is led by Founder, Chairman, and Chief Executive Officer Jin-Goon Kim, Co-President Theron E. Odlaug, and Co-President and Chief Financial Officer Steven Norman.
Total SPAC deal count for 2021 year-to-date is now 563. This offering is expected to close on Friday, December 3.
Mizuho Securities is acting as the sole bookrunner for the offering, and Robert W. Baird & Co. Incorporated is acting as lead manager for the offering. Cleary Gottlieb Steen & Hamilton LLP is serving as Issuer’s Counsel with Greenberg Traurig, P.A. serving as Underwriter’s Counsel. Marcum Bernstein & Pinchuk LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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