Item 8.01. Other Events.
As previously disclosed on a Current Report on Form 8-K dated March 26, 2021, on
March 25, 2021, TB SA Acquisition Corp, a Cayman Islands exempted company (the
"Company"), consummated its initial public offering (the "IPO") of 20,000,000
units (the "Units"). Each Unit consists of one Class A ordinary share, $0.0001
par value per share (the "Class A Ordinary Shares"), and one-third of one
redeemable warrant (the "Public Warrants"), each whole Public Warrant entitling
the holder thereof to purchase one Class A Ordinary Share at an exercise price
of $11.50 per share. The Units were sold at an offering price of $10.00 per
Unit, generating gross proceeds of $200,000,000. The Company granted the
underwriter a 45-day option to purchase up to 3,000,000 additional Units to
cover over-allotments, if any.
As also previously disclosed, on March 22, 2021, the Company consummated the
private placement with TCP SA, LLC (the "Sponsor") of 4,333,334 private
placement warrants, each exercisable to purchase one Class A Ordinary Share at
$11.50 per share, subject to adjustment, at a price of $1.50 per warrant (the
"Private Placement Warrants") generating gross proceeds of $6,500,001.
An audited balance sheet as of March 25, 2021 reflecting receipt of the proceeds
upon consummation of the IPO has been issued by the Company and is included as
Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Audited Balance Sheet as of March 25, 2021--------------------------------------------------------------------------------
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TB SA ACQUISITION CORP 
