Translational Development Acquisition Corp.
General Information | |
Business: | (Note: Translational Development Acquisition Corp. postponed its SPAC IPO on Tuesday, Sept. 20, 2022; this deal had been expected to price on that date after the market’s close.) We intend to focus on the healthcare or healthcare-related industries. In particular, we will target North American or European companies in the life sciences and biotechnology sectors where our management has extensive investment experience. We will search for a target company in these sectors with a valuation between $300 million and $500 million. (Incorporated in the Cayman Islands) Stone Capital Partners, LLC, is our sponsor. (Note: Translational Development Acquisition Corp. filed its S-1 on Aug. 26, 2022, with terms: 15 million units at $10 each to raise $150 million; the company filed confidential IPO documents on June 13, 2022. Each unit consists of one share of common stock and one-half of a warrant. Each whole warrant can be redeemed to buy one share of common stock.) |
Industry: | BLANK CHECK |
Employees: | 0 |
Founded: | 2022 |
Contact Information | |
Address | 1270 Avenue of the Americas 24th Floor New York, NY 10020 |
Phone Number | (917) 979-3072 |
Web Address | |
View Prospectus: | Translational Development Acquisition Corp. |
Financial Information | |
Market Cap | $188.25mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | TDACU |
Exchange | NASDAQ |
Shares (millions): | 15.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $150.0 mil |
Manager / Joint Managers | ThinkEquity |
CO-Managers | |
Expected To Trade: | 9/21/2022 |
Status: | Postponed |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |