TPG Pace Tech Opportunities II Files for $450M IPO

IPO

TPG Pace Tech Opportunities II registered with the SEC to offer 45 million units at $10 each.

The new SPAC is targeting the technology sector.

TPG Pace Tech Opportunities is led by Chairman and Director Karl Peterson, a senior partner of TPG and managing partner of TPG Pace Group, the firm’s SPAC unit. 

Management’s first TPG Pace blank-check company is in a pending merger with EVBox, which offers Europe’s largest installed base of charging solutions.

The SPAC plans to apply for a NYSE listing under TPGT. Read more.

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