Tailwind Two Acquisition Prices $300M IPO

IPO

Tailwind Two Acquisition priced its IPO of 30 million units at $10 each.

The new SPAC plans to target the high-growth technology and direct-to-consumer sectors. 

Tailwind Two is led by Chairman Philip Krim, who is CEO and a director of Casper Sleep. Since founding the company in 2013, Krim has led Casper through revenue growth of $15 million in 2014 to over $440 million in 2019, and took the company public in February 2020. 

The SPAC plans to list on the NYSE under TWNT.U. Read more.

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