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TB SA Acquisition Corp has announced the pricing of its initial public offering (IPO) of 20,000,000 units at $10.00 per unit, with trading expected to begin on Nasdaq under the ticker symbol TBSAU on March 23, 2021. Sponsored by TCP SA, LLC, the company aims to focus on potential business combinations with African firms emphasizing Environmental, Social, and Governance (ESG) principles. The offering is expected to close on March 25, 2021, and includes a 45-day option for the underwriter to purchase an additional 3,000,000 units.
