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TCGX Acquisition Corp. (Nasdaq: TCGX) priced its initial public offering of 7,500,000 Class A ordinary shares at $10.00 per share, for gross proceeds of $75 million. The shares will begin trading on the Nasdaq Capital Market under the ticker “TCGX” on August 5, 2026, with closing expected on August 6, 2026, subject to customary conditions.
Unlike many SPAC IPOs, no warrants are being issued to investors in this offering. TCGX Acquisition Corp., sponsored by TCGX Sponsor, LLC, an affiliate of TCG Crossover Management, is a special purpose acquisition company formed to pursue a business combination, with an intended focus on healthcare, life sciences and medical technology. Jefferies is acting as sole book-running manager, and has a 45-day option to purchase up to 1,125,000 additional shares at the IPO price to cover any over-allotments. A registration statement was declared effective by the SEC on August 4, 2026.