# TCGX Acquisition Corp. — spac/ipo [completed]
Source: SEC API (secapi.ai) · situation sit_84223257386e9001eb10 · retrieved 2026-08-12T07:24:27.595Z

## Overview
TCGX Acquisition Corp. is a blank-check acquisition company incorporated in the Cayman Islands that intends to effect an initial business combination with an unidentified operating business.

TCGX Acquisition Corp., a Cayman Islands exempted company and blank-check acquisition vehicle, consummated its initial public offering on August 6, 2026, issuing 8,625,000 Class A ordinary shares at $10.00 per share, generating gross proceeds of $86,250,000. The offering included 1,125,000 shares from the full exercise of the underwriters' over-allotment option. Jefferies LLC served as sole book-running manager. Simultaneously, the Company completed a private placement of 522,500 Class A ordinary shares at $10.00 per share for aggregate proceeds of $5,225,000, with the Sponsor purchasing 436,250 shares and Jefferies LLC purchasing 86,250 shares. The net proceeds of $85,387,500 from the IPO (excluding the $862,500 underwriter discount) plus $862,500 from the private placement were deposited into a trust account at Citibank, N.A., totaling $86,250,000, to be held for the Company's initial business combination or returned to public shareholders if no business combination is completed within 24 months.

## Terms
- Counterparty: Jefferies LLC · Deal value: $86.3M · Consideration: cash · Price/share: $10

## Key dates
- Completed 2026-08-06

## Timeline
- 2026-08-06 · 8-K (0001193125-26-338268): 8-K - TCGX Acquisition Corp. — *TCGX Acquisition Corp. is a blank-check acquisition company incorporated in the Cayman Islands that intends to effect an initial business combination with an unidentified operating business.* TCGX Acquisition Corp., a Cayman Islands exempted company and blank-check acquisition vehicle, consummated its initial public offering on August 6, 2026, issuing 8,625,000 Class A ordinary shares at $10.00 per share, generating gross proceeds of $86,250,000. The offering included 1,125,000 shares from the full exercise of the underwriters' over-allotment option. Jefferies LLC served as sole book-running manager. Simultaneously, the Company completed a private placement of 522,500 Class A ordinary shares at $10.00 per share for aggregate proceeds of $5,225,000, with the Sponsor purchasing 436,250 shares and Jefferies LLC purchasing 86,250 shares. The net proceeds of $85,387,500 from the IPO (excluding the $862,500 underwriter discount) plus $862,500 from the private placement were deposited into a trust account at Citibank, N.A., totaling $86,250,000, to be held for the Company's initial business combination or returned to public shareholders if no business combination is completed within 24 months.
  https://www.sec.gov/Archives/edgar/data/2137965/0001193125-26-338268.txt

## Citations
- 0001193125-26-338268 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526338268