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