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TARGET GLOBAL ACQUISI I CORP Stock Price, News & Analysis

TGAA Nasdaq

Welcome to our dedicated page for TARGET GLOBAL ACQUISI I news (Ticker: TGAA), a resource for investors and traders seeking the latest updates and insights on TARGET GLOBAL ACQUISI I stock.

Target Global Acquisition I Corp (TGAA) provides investors with comprehensive updates on its strategic business combinations as a blank check company. This dedicated news hub tracks all official communications including merger announcements, regulatory filings, and operational developments.

Our curated collection offers timely access to SEC disclosures, investor communications, and transaction progress reports. Users will find updates on potential acquisition targets, trust account management, and extension period utilization – critical information for evaluating SPAC performance.

The resource prioritizes clarity in complex SPAC operations, explaining business combination mechanics while maintaining focus on TGAA-specific developments. Regular updates cover leadership changes, partnership announcements, and market positioning within the competitive special purpose acquisition landscape.

Bookmark this page for structured tracking of TGAA's merger timeline and related corporate actions. Check back frequently for verified updates presented in chronological order, enabling informed analysis of this SPAC's progress toward completing its strategic objectives.

Rhea-AI Summary

Target Global Acquisition I Corp. (Nasdaq: TGAA) announced the postponement of its Extraordinary General Meeting of shareholders from June 26, 2024, to July 1, 2024, at 12:00 p.m. Eastern Time. The meeting aims to discuss several key proposals, including the amendment of the company's Memorandum and Articles of Association to extend the deadline for completing a business combination to December 9, 2024. Additionally, they will consider further monthly extensions up to June 9, 2025, if needed, without requiring another shareholder vote.

Other proposals include amending the Investment Management Trust Agreement, re-appointing two directors, and ratifying the selection of Marcum LLP as the independent registered public accounting firm for 2024. The company has also extended the deadline for Class A shareholders to submit redemption requests to 5:00 p.m. ET on June 27, 2024.

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Target Global Acquisition I Corp. (NASDAQ:TGAA) has extended the deadline for completing its initial business combination by one month, from June 8, 2024, to July 8, 2024. This is the second of seven possible one-month extensions under the company's amended Articles of Association. The extension involves a $90,000 deposit into the company's trust account, which will be backed by a non-interest bearing, unsecured convertible promissory note to CIIG Management III The note will be repayable upon the consummation of the initial business combination.

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Target Global Acquisition I Corp. (TGAA) has extended the deadline for completing its initial business combination by a month from May 8, 2024, to June 8, 2024, as per the Board's decision. This extension is the first of seven potential one-month extensions allowed under the company's Amended and Restated Memorandum and Articles of Association. The Sponsor will deposit $90,000 into the company's trust account to support this Extension, with repayment contingent upon the finalization of an initial Business Combination.

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FAQ

What is the current stock price of TARGET GLOBAL ACQUISI I (TGAA)?

The current stock price of TARGET GLOBAL ACQUISI I (TGAA) is $11.37 as of February 7, 2025.

What is the market cap of TARGET GLOBAL ACQUISI I (TGAA)?

The market cap of TARGET GLOBAL ACQUISI I (TGAA) is approximately 81.3M.
TARGET GLOBAL ACQUISI I CORP

Nasdaq:TGAA

TGAA Rankings

TGAA Stock Data

81.33M
1.75M
75.12%
28.15%
0.03%
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