PR93577

BERLIN, Dec. 9, 2021 /PRNewswire=KYODO JBN/--

Target Global Acquisition I Corp. (NASDAQ: TGAAU) (the "Company") today

announced the pricing of its initial public offering of 20,000,000 units at a

price of $10.00 per unit. The units are expected to be listed for trading on

the Nasdaq Global Market under the ticker symbol "TGAAU" beginning December 9,

2021. Each unit consists of one of the Company's Class A ordinary shares and

one-third of one redeemable warrant. Each whole warrant entitles the holder

thereof to purchase one Class A ordinary share at a price of $11.50 per share.

Once the securities comprising the units begin separate trading, the Company

expects that its Class A ordinary shares and warrants will be listed on the

Nasdaq Global Market under the symbols "TGAA" and "TGAAW," respectively.

The Company was formed for the purpose of effecting a merger, share exchange,

asset acquisition, share purchase, reorganization or similar business

combination with one or more businesses or entities. The Company's efforts to

identify a prospective business combination opportunity will not be limited to

a particular industry or geographic region.

UBS Investment Bank and BofA Securities are acting as book-running managers.

The Company has granted the underwriters a 45-day option to purchase up to

3,000,000 additional units at the initial public offering price to cover

over-allotments, if any.

The public offering is being made only by means of a prospectus. When

available, copies of the prospectus relating to the offering may be obtained

from UBS Investment Bank, Attention: Prospectus Department, 1285 Avenue of the

Americas, New York, NY 10019, by telephone at (888) 827-7275 or by email at

ol-prospectus-request@ubs.com, or BofA Securities, NC1-004-03-43, 200 North

College Street, 3rd floor, Charlotte NC 28255-0001, Attention: Prospectus

Department, or by e-mail at dg.prospectus_requests@bofa.com.

A registration statement relating to the securities became effective on

December 8, 2021. This press release shall not constitute an offer to sell or

the solicitation of an offer to buy securities, nor shall there be any sale of

these securities in any state or jurisdiction in which such offer,

solicitation, or sale would be unlawful prior to registration or qualification

under the securities laws of any such state or jurisdiction. The offering is

expected to close on December 13, 2021, subject to customary closing

conditions.

Forward-Looking Statements

This press release contains statements that constitute "forward-looking

statements," including with respect to the proposed initial public offering and

the Company's plans with respect to the target industry for a potential

business combination. No assurance can be given that the offering discussed

above will be completed on the terms described, or at all, or that the Company

will ultimately complete a business combination transaction. Forward-looking

statements are subject to numerous conditions, many of which are beyond the

control of the Company, including those set forth in the Risk Factors section

of the Company's registration statement and preliminary prospectus for the

Company's offering filed with the U.S. Securities and Exchange Commission (the

"SEC"). Copies of these documents are available on the SEC's website, at

www.sec.gov. The Company undertakes no obligation to update these statements

for revisions or changes after the date of this release, except as required by

law.

SOURCE: Target Global Acquisition I Corp.

CONTACT: Pedro Barros

         pbarros@-argetglobal.vc

         +44-7939 591351