Tailwind International Acquisition Corp. (TWNI.U) Prices Upsized $300M IPO


Tailwind International Acquisition Corp. (TWNI.U) Prices Upsized $300M IPO

Tailwind International Acquisition Corp. announced the pricing of its upsized $300 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “TWNI.U,” Friday, February 19.

The new company aims to combine with a technology-enabled business abroad, with a particular focus on European targets. Tailwind International is led by CEO Pierre Denis, President Nathalie Gaveau and CFO Constantin Eis.

Total SPAC deal count for 2021 year-to-date is now 159 with a total of $48.1 billion in proceeds raised. This offering is expected to close on Tuesday, February 23.

Jefferies LLC is serving as sole book-running manager for this offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.