Rhea-AI Summary
Thayer Ventures Acquisition Corporation II (NASDAQ: TVAI) announced that starting July 2, 2025, holders of units from its May 16, 2025 IPO can separately trade the company's Class A ordinary shares and rights on the Nasdaq Global Market. The separated Class A ordinary shares and rights will trade under the symbols "TVAI" and "TVAIR" respectively, while unseparated units will continue trading as "TVAIU".
Unit holders must contact Continental Stock Transfer & Trust Company through their brokers to separate units. The initial units were offered through an underwritten offering with Stifel, Nicolaus & Company, Incorporated serving as the sole book-running manager.
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FAQ
What is the current stock price of Thayer Ventures Acquisition Corporation II (TVAI)?
Thayer Ventures Acquisition Corporation II (TVAI) last closed at $10.46.
What is the market cap of Thayer Ventures Acquisition Corporation II (TVAI)?
The market cap of Thayer Ventures Acquisition Corporation II (TVAI) is approximately $284.5M.