Tailwind Transfers Listing to NYSE American

Tailwind Acquisition will transfer its listing to the NYSE American, where it has been approved to list. The SPAc will voluntarily delist from The New York Stock Exchange. TWND’s decision to transfer to the NYSE American was motivated by several factors, including more favorable thresholds for continued listing on the NYSE American, according to a press release.

Tailwind has a merger agreement with NUBURU®, a manufacturer of high power and high brightness industrial blue lasers. Announced in August, the transaction is expected to result in gross proceeds of up to $334 million. Read more.

 

Total
0
Shares
Related Posts
Ares Acquisition
Read More

Ares Closes Upsized $1B IPO

The SPAC has said it will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, except that it does not intend to pursue the fossil fuel energy industry.