Tailwind Two Acquisition Corp. Announces Pricing of $300 Million Initial Public Offering
04 Marzo 2021 - 5:37PM
Tailwind Two Acquisition Corp. (the “Company”), a special purpose
acquisition company formed for the purpose of entering into a
business combination with one or more businesses, today announced
the pricing of its initial public offering of 30,000,000 units at a
price of $10.00 per unit. The units will be listed on the New York
Stock Exchange and trade under the ticker symbol “TWNT.U” beginning
on March 5, 2021. 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 New York Stock Exchange under the symbols “TWNT” and “TWNT WS,”
respectively.
Jefferies LLC is serving as sole book-running manager for this
offering. The Company has granted the underwriter a 45-day option
to purchase up to an additional 4,500,000 units at the initial
public offering price to cover over-allotments, if any.
The offering is being made only by means of a prospectus. When
available, copies of the prospectus may be obtained from: Jefferies
LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison
Avenue, 2nd Floor, New York, NY 10002, by
telephone: 877-821-7388 or by email:
Prospectus_Department@Jefferies.com.
Registration statements relating to the securities became
effective on March 4, 2021. This press release shall not constitute
an offer to sell or the solicitation of an offer to buy, 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 March 9, 2021, subject to
customary closing conditions.
About Tailwind Two Acquisition Corp.
The Company is a blank check company formed for the purpose of
effecting a merger, share exchange, asset acquisition, share
purchase, reorganization or similar business combination with one
or more businesses in the high-growth technology and
direct-to-consumer sectors. The Company is led by Chairman
Philip Krim, Co-Chief Executive Officer Chris Hollod and Co-Chief
Executive Officer and Chief Financial Officer Matt Eby. In addition
to the members of its management team and board of directors, the
Company has assembled a team of advisors that will help position
the Company as the value-add partner of choice for today's leading
entrepreneurs.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
proposed initial public offering and the anticipated use of the net
proceeds. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
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 Securities and Exchange Commission (“SEC”). Copies
are available on the SEC’s website, 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.
Contact:
Tailwind Two Acquisition Corp.
Team@TailwindAcquisition.com
Tailwind Two Acquisition (NYSE:TWNT.U)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
Tailwind Two Acquisition (NYSE:TWNT.U)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024