NEW YORK--(BUSINESS WIRE)--Trebia Acquisition Corp. (NYSE: TREB.U) today announced the closing of its initial public offering of 51,750,000 units, which includes 6,750,000 units issued upon the exercise of the underwriters’ overallotment option, which was exercised in full, at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share. The units are listed on the New York Stock Exchange (the “NYSE”) under the symbol “TREB.U”. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols “TREB” and “TREB.WS,” respectively.
Sponsors of the Company are Trasimene Trebia, LP, an affiliate of Trasimene Capital Management, LLC, led by William P. Foley, II, and BGPT Trebia LP, an affiliate of Bridgeport Partners LLC, led by Frank Martire, Jr.
About Trebia Acquisition Corp.
Trebia Acquisition Corp. is a newly incorporated blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. For more information please visit https://www.trebiaacqcorp.com/.
About Trasimene Capital Management, LLC and Bridgeport Partners LLC
Trasimene Capital Management, LLC, an investment advisory firm formed in 2019, provides corporate management and investment advisory services to its clients, including Cannae Holdings, Inc., a publicly traded diversified holding company with investments in a variety of industries including Financial Services, Technology Enabled Healthcare Services and Restaurants. For more information please visit Trasimene Capital Management, LLC at https://www.trasimenecapitalmgmt.com.
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June 21, 2020 at 06:19PM
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Trebia Acquisition Corp. Closes IPO - Citybizlist Real Estate
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