TPG Pace Solutions announced today that a quorum of shareholderrs have already voted in favor of the merger with vacation rental management platform Vacasa. The formal vote is scheduled for tomorrow.
The SPAC expects to close the transaction Dec. 6. The combined company is expected to trade on the Nasdaq under VCSA beginning Dec. 7.
As announced in July, the transaction would capitalize the business with approximately $485 million in cash. It is unclear whether any shares have since been presented for redemption. Read more.
TPG Pace Solutions Says Votes in Hand to Approve Vacasa Deal
