Rhea-AI Summary
TMT Acquisition Corp (Nasdaq:TMTCU) announced the successful closing of its initial public offering (IPO) on March 30, 2023. The IPO consisted of 6,000,000 units priced at $10.00 per unit, generating $60,000,000 in gross proceeds. Each unit contains one ordinary share and one right, with rights entitling holders to receive two-tenths (2/10) of an ordinary share upon the completion of a business combination. The units began trading on Nasdaq on March 28, 2023, while ordinary shares and rights will trade under the symbols TMTC and TMTCR, respectively.
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FAQ
What is the current stock price of TMT Acquisition (TMTC)?
TMT Acquisition (TMTC) last closed at $2.2.
What is the market cap of TMT Acquisition (TMTC)?
The market cap of TMT Acquisition (TMTC) is approximately $18.0M.