Tyfon, a Leading Art Marketplace, to Become a Public Company Through Business Combination with Global Technology Acquisition Corp. I
ZEPHYR COVE, Nev. and SUZHOU, China, May 15, 2024 /PRNewswire/ — Global Technology Acquisition Corp. I (NASDAQ: GTAC) (“GTAC”), a special purpose acquisition company, and Tyfon Culture Holdings Limited (“Tyfon”), a well-recognized O2O Chinese art marketplace, have entered into a definitive business combination agreement (the “Business Combination Agreement”), pursuant to which Tyfon would become publicly listed. The proposed business combination (the “Business Combination”) is expected to close in the second half of 2024, subject to customary closing conditions, including regulatory and shareholder approvals. Upon closing of the Business Combination, the combined company will be named Tyfon Culture Inc. and will continue to be listed on the Nasdaq Stock Market under the ticker symbol “TFCI.”