CAMBRIDGE, Mass.--(BUSINESS WIRE)--Turmeric Acquisition Corp., a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced the pricing of its initial public offering of 8,500,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Stock Market and trade under the ticker symbol "TMPMU" beginning October 16, 2020. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Stock Market under the symbols "TMPM" and "TMPMW," respectively.

Turmeric Acquisition Corp., led by Luke Evnin as Chief Executive Officer, Matthew Roden as Chairman, Ed Hurwitz as Chief Financial Officer, Todd Foley as President and Vinay Bhaskar as Chief Operating Officer, will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, except that it does intend to pursue a high potential opportunity within the biotechnology sector.