two (TWOA) Prices $200M SPAC IPO


two (TWOA) Prices $200M SPAC IPO

two (TWOA.U) announced the pricing of their $200 million IPO this morning and the shares are expected to begin trading on the NYSE under the symbol “TWOA”, Tuesday, March 30.

The new company intends to combine with a target advancing innovation and the democratization of technology with promising growth. two is led by co-founders and Co-CEOs Kevin Hartz and Gautam Gupta, alongside co-founder and CFO Troy B. Steckenrider III and Chairman Pierre Lamond.

Total SPAC deal count for 2021 year-to-date is now 297. The offering is anticipated to close on Thursday, April 1.

Citigroup Global Markets Inc. is serving as the sole book-running manager for the offering. Cadwalader, Wickersham & Taft LLP served as Issuer’s Counsel while Shearman & Sterling LLP served as Underwriter’s Counsel. WithumSmith+Brown, PC, acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.