other material
confidence high
sentiment neutral
materiality 0.50
Tailwind 2.0 Acquisition Corp. completes $172.5M IPO and $5.45M private placement on Nov 10, 2025
Tailwind 2.0 Acquisition Corp.
- IPO of 17.25M units at $10/unit (full over-allotment exercised); gross proceeds $172.5M.
- Private placement of 545,000 units at $10/unit to Sponsor ($3.725M) and underwriter ($1.725M).
- $172.5M placed in trust account for benefit of public shareholders; 24-month deadline to complete initial business combination.
- Audited balance sheet as of Nov 10, 2025 shows total assets $174.1M, shareholders' deficit ($5.5M).
- No business combination target selected; company has not commenced substantive discussions with any target.