TCW Special Purpose Acquisition in a preliminary proxy filing seeks shareholder support to redeem shares before thre end of the year and dissolve the SPAC. The current deadline is March 4, 2023 (or June 4 if TCW has executed a letter of intent).
TCW in a March 2021 IPO raised $450 million “to identify, merge with and take public a durable and predictable business well positioned to deliver superior revenue growth.”
The SPAC is sponsored by global investment management firm The TCW Group. Management is associated with TCW’s New America Premier business unit, which was established by Joseph R. Shaposhnik in 2015. Shaposhnik serves as chairman and CEO of the SPAC. Read more.
