Shearman And Sterling

News Nov 27, 2020

Tiga Acquisition Corp.’s $276 Million IPO

Shearman & Sterling advised Credit Suisse and Goldman Sachs (Asia) L.L.C. as the book-running managers on the initial public offering of Tiga Acquisition Corp., a special-purpose acquisition company, of 27.6 million units at an offering price of $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

Tiga Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company is led by CEO and Chairman G. Raymond Zage III, founder and CEO of Tiga Investments and former Managing Director and CEO of Farallon Capital Asia, and President and Director Ashish Gupta, Managing Director of Tiga Investments and a former Partner and Portfolio Manager at Farallon Capital Asia.

The Team