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.
The offering is expected to close Feb. 23.
Tailwind in its initial S-1 filing has said it will target international consumer internet and other high-growth technology companies in international markets, with a focus on the European market. Read more.
