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springbig And Tuatara Capital Acquisition Corporation Announce Amendments To Business Combination To Enhance Transaction For Public Shareholders And Additional Funding Through A Convertible Note And Committed Equity Financing Facility

Author: Benzinga Newsdesk | May 02, 2022 07:16am

Reduction in transaction valuation and a proposed offering of up to one million bonus shares to non-redeeming public shareholders to reduce their cost basis

Convertible note of $16 million from a global institutional investor and a $50 million committed equity financing facility from an affiliate of Cantor Fitzgerald L.P.

Posted In: TCAC TCACU