Bilander Acquisition priced its IPO of 15 million units at $10 each. Units begin trading today on the Nasdaq under TWCBU.
The offering is expected to close July 20.
The SPAC is sponsored by an affiliate of True Wind Capital.
Bilander in its initial S-1 filing said, “members of our management team have been actively in discussions with potential business combination partners in their capacity as officers of TWC Tech Holdings II Corp., an existing blank check company sponsored by an affiliate of our sponsor, and we may pursue business combination partners that had previously been in discussions with TWC Tech Holdings II Corp.’s management team. We may also pursue business combination partners that could be in discussions with Galliot Acquisition Corp., a blank check company sponsored by an affiliate of our sponsor, which is in the process of engaging in an initial public offering.”
Bilander is led by CEO Scott Wagner, who was CEO of GoDaddy from 2017 to 2019. Read more.
