Kingswood Closes $115M IPO, Adds $6.5M PIPE

The SPAC in its latest filing included an audited balance sheet that shows total stockholder equity of nearly $120 million after expenses. Kingswood is targeting the financial services sector for an acquisition. Read more.

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Tailwind International Acquisition Faces NYSE Delisting

Redemptions ahead of an extension vote in February erased 94% of the SPAC's trust. Tailwind raised $300 million in an IPO nearly two years ago with plans to target international consumer internet and other high-growth technology companies in international markets, with a focus on the European market.