Tims china announces pre-merger financing and pipe commitments

$50 million capital injection supports thil's continued robust growth; initial pipe commitments support merger with silver crest shanghai, dec. 13, 2021 /prnewswire/ -- th international limited ("thil" or "tims china") announced today a significant pre-merger financing round by a leading global asset manager (the "investor"). in addition, tims china announced its receipt of several initial commitments to a larger private investment in public equities ("pipe") financing to be closed concurrently with thil's merger with silver crest acquisition corporation ("silver crest").
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