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Arrow Capital co-sponsors $240 million Nasdaq tech SPAC


Arrow Capital co-sponsors $240 million Nasdaq tech SPAC
DUBAI, March 8, 2021
Arrow Capital, a regulated financial and investment advisory company, with offices in the Dubai International Financial Centre and Mauritius, announces the closing of the initial public offering of a $240 million technology SPAC, Tribe Capital Growth Corp. 
 
Arrow has co-sponsored the SPAC, in partnership with leading Silicon Valley venture capital firm Tribe Capital. Tribe Capital Growth Corp I’s units are trading under the ticker ATVCU on Nasdaq.
 
The blank check company will seek a target in the technology sector, pursuing M&A opportunities with top private technology companies showing inflection points in their growth trajectory. ....

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UAE's Arrow Capital backs $240m tech-centric SPAC listing on Nasdaq


Tribe Capital Growth Corp I will target the tech sector
by Zainab Mansoor
March 8, 2021
Dubai’s financial and investment advisory company, Arrow Capital, confirmed the closing of the initial public offering of a $240m technology SPAC, Tribe Capital Growth Corp I.
Arrow, which has offices in DIFC and Mauritius, has co-sponsored the SPAC, in partnership with Silicon Valley venture capital firm Tribe Capital. Tribe Capital Growth Corp I’s units are trading under the ticker ATVCU on Nasdaq.
The blank check company will seek a target in the technology sector, pursuing M&A opportunities with private technology companies. The deal marks a first for Arrow Capital, which joins a group of Middle East investment firms, including Abu Dhabi’s Mubadala Capital and Saudi Arabia’s Public Investment Fund, who were both involved in recent SPAC investments earlier this year. ....

Saudi Arabia , United Arab Emirates , Ted Maidenberg , Rohit Nanani , Omar Chohan , Abu Dhabi Mubadala , Arjun Sethi , Sumit Mehta , Tribe Capital Growth Corp , Cantor Fitzgerald , Saudi Arabia Public Investment Fund , Barrow Capital , Silicon Valley , Middle East , Abu Dhabi , Mubadala Capital , Public Investment Fund , Special Situations , Capital Markets Groups , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஓமர் சோஹன் , அர்ஜுன் சேதி , சுமிட் மேத்தா , பழங்குடி மூலதனம் வளர்ச்சி கார்ப் , கேன்டர் ஃபிட்ஸ்‌ஜெரல்ட் ,