Tuatara Capital Acquisition Corp
Completed 2022-06-14- CIK 1801602
- TCAC
- Now SBIG
- IPO 2021-02-16
- $200M trust
- 372 filings
Successfully merged with SpringBig, Inc. • Now trading as SBIG
- IPO Size
- $200M
- raised at the IPO
- Trust
- $200M
- as of 2022-03-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
372 filings over 27 quarters; violet bars carry a milestone
- 20 Q1: 1 filing
- 20 Q2: 1 filing
- 20 Q3: 1 filing
- 20 Q4: 1 filing
- 21 Q1: 18 filings
- 21 Q2: 6 filings
- 21 Q3: 2 filings
- 21 Q4: 9 filings
- 22 Q1: 16 filings
- 22 Q2: 50 filings
- 22 Q3: 41 filings
- 22 Q4: 17 filings
- 23 Q1: 12 filings
- 23 Q2: 64 filings
- 23 Q3: 24 filings
- 23 Q4: 2 filings
- 24 Q1: 15 filings
- 24 Q2: 6 filings
- 24 Q3: 13 filings
- 24 Q4: 6 filings
- 25 Q1: 16 filings
- 25 Q2: 9 filings
- 25 Q3: 15 filings
- 25 Q4: 3 filings
- 26 Q1: 2 filings
- 26 Q2: 10 filings
- 26 Q3: 12 filings
- S-1 filed 20 Q1
- IPO 21 Q1
- Definitive agreement 21 Q4
- Completed 22 Q2
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Tuatara Capital Acquisition Corporation is a blank check company formed to effect a business combination, with a stated focus on cannabis businesses compliant with applicable laws and regulations. It will not pursue a target operating in violation of U.S. federal law.
Investment Focus
Cannabis
Key Information
As the filings state it
- IPO Date
- 2021-02-16
- Total Redemptions
- $191M
- PIPE
- $13.1M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2022-06-14
- Merger Target
- SpringBig, Inc.
- SPAC Ticker
- TCAC
- Merged Ticker
- SBIG
Stock Performance
SBIGTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2021-04-06 | $4.98 | |
| At Merger | 2022-06-15 | $4.50 | -10% |
| 6 Months Post-Merger | 2022-12-15 | $0.58 | -87% |
| 1 Year Post-Merger | 2023-06-15 | $0.52 | -88% |
| 2 Years Post-Merger | 2024-06-14 | $0.14 | -97% |
| Current Price | 2026-10-14 | $0.01 | -100% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team combines cannabis-focused investing, private equity, finance and operating experience. Its named leaders have experience at Tuatara Capital and other financial institutions, along with backgrounds in major corporate leadership and the cannabis industry.