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TKB Critical Technologies 1 has successfully closed its initial public offering (IPO) of 23 million units at $10.00 each, including 3 million units from the underwriters’ over-allotment option. The units, which consist of one Class A ordinary share and half a warrant, began trading on NASDAQ under symbol USCTU on October 27, 2021. The warrants can be exercised at $11.50 per share. The blank check company aims to find businesses in critical technologies aligned with U.S. national security and supply chain independence, focusing on various advanced sectors.