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SPAC · Merger completed

Tiberius Acquisition Corp

Business combination with International General Insurance Holdings Ltd.

Tiberius Acquisition Corp is a blank-check company (SPAC) that raised $150M in its initial public offering on Mar 16, 2018. It completed its business combination with International General Insurance Holdings Ltd. on Mar 17, 2020; the combined company is International General Insurance Holdings Ltd. (IGIC). Ellenoff Grossman & Schole advised the SPAC and Graubard Miller advised the underwriters on the IPO.

International General Insurance Holdings Ltd. is a specialist commercial insurer and reinsurer established in 2001. It underwrites a diverse portfolio of specialty lines and has a worldwide portfolio of business.

Status
Merger completed
IPO date
Mar 16, 2018
IPO size
$150M
Target
International General Insurance Holdings Ltd. (IGI)
Announced
Feb 19, 2020
Closed
Mar 17, 2020
Combined company
International General Insurance Holdings Ltd. (IGIC)
SPAC counsel (IPO)
Ellenoff Grossman & Schole
Underwriters' counsel (IPO)
Graubard Miller

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