TPG Pace Tech Opportunities II in a letter to the SEC asked to withdraw an offering of 45 million units at $10 each. The offering was initially registered in March 2021, when the SPAC disclosed plans to target the technology sector.
Management’s first TPG Pace blank-check company reached a merger agreement last year with EVBox, which offers Europe’s largest installed base of charging solutions, but that deal was terminated in December.
TPG Pace Tech II had planned to apply for a NYSE listing with Deustche Bank, J.P. Morgan, Goldman Sachs, Northland Securities and Siebert William Shank all tapped as underwriters. Read more.
