springbig went public via a SPAC merger with Tuatara Capital Acquisition in a $500m deal.

springbig, a provider of marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs in the cannabis industry, went public via a SPAC merger with Tuatara Capital Acquisition, a publicly-traded special purpose acquisition company, in a $500m deal. The merger included a $13m fully committed Class A common stock PIPE anchored by Tuatara Capital and existing investors, including TVC Capital, Key Investment Partners, and springbig's Founder and CEO Jeffrey Harris. "We are thrilled to close this Business Combination and further springbig’s evolution – not only as a public company, but as a trusted and distinguished technology and software leader serving the growing North American cannabis ecosystem. Looking ahead, we will strategically position and adapt our industry-leading offering alongside the maturation of the cannabis sector, including expanding our engagement with major brands. Additionally, we will continue exploring avenues for growth, both organically and through M&A," Jeffrey Harris, springbig CEO.