other material
confidence high
sentiment positive
materiality 0.95
Tailwind 2.0 Acquisition Corp. closes $172.5M IPO and $5.45M private placement
Tailwind 2.0 Acquisition Corp.
- Offered 17,250,000 units at $10.00 each, including underwriters' over-allotment, generating gross proceeds of $172,500,000.
- Concurrently placed 545,000 private placement units at $10.00 each to Sponsor and Cohen & Company Capital Markets, raising $5,450,000.
- All $172.5M of net proceeds deposited into trust account with Efficiency as trustee, held for business combination or redemption.
- Appointed Ralph Alexander, Evan Caron, Andreas Penna, Alan Sheriff, and Tommy Stadlen to the board of directors effective November 6, 2025.
- Filed amended and restated memorandum and articles to authorize up to 200M Class A ordinary shares, 20M Class B, and 1M preference shares.