TPG Pace Solutions registered with the SEC to offer 25 million units at $10 each.
The SPAC in the filing said it will draw on management’s experience to combine with an underperforming business and help unlock value.
TPG Pace Solutions is led by Chairman and Director Karl Peterson, a senior partner of TPG and managing partner of TPG Pace Group, the firm’s SPAC unit.
Management’s first TPG Pace blank-check company is in a pending merger with EVBox, which offers Europe’s largest installed base of charging solutions.
The SPAC said it will apply to list on the NYSE under TPGS. Read more.