TPGPace Beneficial II closed its IPO of 35 million Class A ordinary shares and issued another 5 million shares pursuant to the partial exercise of the underwriters’ over-allotment option. At $10 per share, the offering raised $400 million.
Shares trade on the NYSE under YTPG.
The SPAC said it is “targeting a company that combines attractive business fundamentals with, or with the potential for, strong environmental, social and governance policies.” Read more.
