Tuscan Holdings Corp. II (THCAU) to Raise $125 Million in IPO

Tuscan Holdings Corp. II (THCAU) expects to raise $125 million in an initial public offering (IPO) on Wednesday, July 10th, IPO Scoop reports. The company plans to issue 12,500,000 shares at $10.00 per share.

Tuscan Holdings Corp. II has a market cap of $126.9 million.

EarlyBirdCapital acted as the underwriter for the IPO and I-Bankers Securities was co-manager.

Tuscan Holdings Corp. II provided the following description of their company for its IPO: ”  Our initial business combination and value creation strategy will be to identify, acquire and, after our initial business combination, assist in the growth of a business in the cannabis industry. “.

Tuscan Holdings Corp. II was founded in 2019 and has 0 employees. The company is located at 135 E. 57th St., 17th Floor New York, NY 10022, US and can be reached via phone at (646) 948-7100.

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