Tailwind Two Acquisition Corp. (TWNT.U) Prices $300M IPO


Tailwind Two Acquisition Corp. (TWNT.U) Prices $300M IPO

Tailwind Two Acquisition Corp. announced the pricing of its $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “TWNT.U,” Friday, March 5.

The new company aims to combine with an omni-channel, technology-enabled consumer target valued over $1 billion. Tailwind Two is led by Chairman Philip Krim, Co-CEO and CFO Matt Eby and Co-CEO Chris Hollod.

Total SPAC deal count for 2021 year-to-date is now 217. This offering is expected to close on Tuesday, March 9.

Jefferies LLC is serving as the 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.