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.