
India-focused blank check company files for US IPO
Tenzing Acquisition, a blank check company headed by New Silk Route Ventures (NSR) co-founder and CEO Parag Saxena, has filed for a $50 million IPO on NASDAQ. The firm will use the proceeds to invest in companies with a focus on businesses operating in India.
The offering will consist of five million units at $10 each, with each unit comprising one ordinary share and one warrant entitling the holder to purchase one half of one ordinary share at a price of $11.50...
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