Technology & Telecommunication Acquisition Corp.’s IPO

Loeb & Loeb LLP served as legal counsel to the Company. Becker & Poliakoff, LLP assisted EF Hutton, division of Benchmark Investments, LLC.

On January 20, 2022, Technology & Telecommunication Acquisition Corporation closed its initial public offering. 

The company raised $115 million in its offering, including an over-allotment option exercised in full by the underwriter for $1.15 million.  The company’s units commenced trading on the Nasdaq Global Market under the ticker symbol “TETEU” on January 18, 2022.

EF Hutton, division of Benchmark Investments, LLC, served as the sole book running manager for the offering.

Technology & Telecommunication Acquisition Corporation is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, and various kinds of reorganization. The company’s efforts to identify a prospective target business are not limited to a particular industry or geographic region. These entities are commonly called “SPACS”.

The Becker team included Shareholders Jie Chengying Xiu (Picture), Brian Daughney, and Michael Goldstein. 

Involved fees earner: Brian Daughney – Becker & Poliakoff; Michael Goldstein – Becker & Poliakoff; Jie Chengying Xiu – Becker & Poliakoff;

Law Firms: Becker & Poliakoff;

Clients: EF Hutton;

Sonia Carcano

Author: Sonia Carcano