SPAC Technology & Telecommunication closes IPO raising $115M gross proceeds

Technology & Telecommunication Acquisition Corp

IPO of 11.5M units (incl. full over-allotment) at $10.00/unit; gross proceeds $115M.
Private placement of 532,500 units at $10.00/unit from sponsor; gross $5.325M.
Net proceeds of $116.725M deposited into trust account; $10.15 per unit.
Audited balance sheet shows $1.56M cash outside trust, $118.29M total assets.
Class A ordinary shares subject to possible redemption classified as temporary equity at $116.725M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.