Tailwind International Acquisition Corp. Announces Pricing of Upsized $300 Million Initial Public Offering
February 18 2021 - 9:10PM
Tailwind International 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 upsized initial public offering of 30,000,000
units at a price of $10.00 per unit on February 18, 2021. The units
will be listed on the New York Stock Exchange and trade under the
ticker symbol “TWNI.U” beginning on February 19, 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 “TWNI” and “TWNI 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 February 18, 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 February 23, 2021, subject
to customary closing conditions.
About Tailwind International 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 technology and direct-to-consumer sectors
in international markets, especially Europe.
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 International Acquisition Corp.
Team@TailwindAcquisition.com
Tailwind International A... (NYSE:TWNI)
Historical Stock Chart
From Dec 2024 to Jan 2025
Tailwind International A... (NYSE:TWNI)
Historical Stock Chart
From Jan 2024 to Jan 2025