TradeUP Global Corporation Announces Pricing of $40 Million Initial Public Offering
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NEW YORK, April 28, 2021 /PRNewswire/ TradeUP Global Corporation (NASDAQ: TUGCU) ( TradeUP Global or the Company ) announced today the pricing of its initial public offering ( IPO ) of 4,000,000 units at price of $10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market ( NASDAQ ) and trade under the ticker symbol TUGCU beginning on April 29, 2021. Each unit issued in the IPO consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share of the Company at a price of $11.50 per share. After the securities comprising the units begin separate trading, the Company s Class A ordinary shares and warrants are expected to be listed on the NASDAQ under the symbols TUGC, and TUGCW, respectively.