Tishman Speyer Innovation II closed its upsized IPO of 30 million units at $10 each.
Each unit consists of one share of common stock and one-fifth of one redeemable warrant.
Units trade on the Nasdaq under TSIBU.
Tishman Speyer II will target businesses in the real estate industry, including real estate adjacent proptech companies.
The sponsor’s previous SPAC, Tishman Speyer I, last month announced a business combination with Latch at a post-money valuation of $1.56 billion. Read more.
