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Kimbell Tiger Acquisition Corporation (TGR) announced on March 28, 2022 that holders of its initial public offering units can now separately trade shares of Class A common stock and redeemable warrants. The Class A common stock will trade under the symbol TGR and the warrants under TGR.WS on the NYSE. Units that are not separated will continue trading as TGR.U. Investors seeking to separate their units must contact Continental Stock Transfer & Trust Company. This press release does not constitute an offer to sell securities.
Kimbell Tiger Acquisition Corporation (TGR) has successfully closed its initial public offering, raising $230 million by offering 23 million units at $10.00 per unit. The units, which include shares of Class A common stock and redeemable warrants, commenced trading on the NYSE under ticker TGR.U on February 4, 2022. TGR aims to target investments in the energy and natural resources sector in North America, with a management team associated with Kimbell Royalty Partners.
UBS Investment Bank served as the book-running manager for this offering.
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