Art Marketplace Tyfon To Go Public Through Combination With Global Technology Acquisition Corp. I; Estimates Post-Transaction Enterprise Value $434M
Portfolio Pulse from Benzinga Newsdesk
Art marketplace Tyfon is set to go public through a combination with Global Technology Acquisition Corp. I (GTAC). The post-transaction enterprise value is estimated at $434 million.
May 15, 2024 | 11:04 am
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Global Technology Acquisition Corp. I (GTAC) is combining with art marketplace Tyfon to take it public, with an estimated post-transaction enterprise value of $434 million.
The combination with Tyfon and the estimated enterprise value of $434 million is likely to positively impact GTAC's stock price in the short term as it brings a new and potentially lucrative business into the public market.
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