secwatch.observer — SEC 8-K summary
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Issuer:     Tailwind International Acquisition Corp. (—)
CIK:        0001835881
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001104659-23-041251
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NYSE to delist Tailwind International Acquisition for failing market cap; President Gaveau resigns
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- NYSE notified Tailwind International Acquisition Corp. on April 3, 2023, that it will delist units (TWNI.U) and Class A shares (TWNI) due to failure to maintain $40M average market cap over 30 days.
- Trading in TWNI.U and TWNI was suspended immediately; the company does not intend to appeal the NYSE's decision.
- President and Director Nathalie Gaveau resigned effective March 31, 2023, to pursue other opportunities, with no disagreement with the company.
- Tailwind International is evaluating alternatives, including potential liquidation of the trust account and winding down.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835881/000110465923041251/0001104659-23-041251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835881/000110465923041251/tm2311446d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-041251

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