Tishman Speyer Innovation II filed with the SEC today to offer 25 million units at $10 each to raise $250 million in an IPO.
The new SPAC in the filing said it will target businesses in the real estate industry, including real estate adjacent Proptech companies, defined as companies that apply “innovative digital technologies and technology-enhanced services and solutions to the identification, design, development, construction, operation, underwriting, acquisition, leasing, financing, management and disposition of real estate properties.
The SPAC is led by CEO and Chairman Robert Speyer, who since 2008 has served as president and CEO of Tishman Speyer.
The SPAC intends to list on the Nasdaq under TSIBU. Read more.
