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Monroe Capital Sponsors Thunder Bridge Acquisition

July 24, 2018, 08:01 AM
Filed Under: Fintech

Monroe Capital LLC announced it co-sponsored Thunder Bridge Acquisition, Ltd., a special purpose acquisition company (SPAC), and entered into a forward purchase contract with Thunder Bridge.
Thunder Bridge, which intends to focus its search on companies in the financial technology sector, generated total gross proceeds of $258,000,000 from the initial public offering as well as the exercise of the over-allotment option. The company’s units began trading on the Nasdaq Capital Market under the ticker symbol “TBRGU” on June 19, 2018.

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