- SPACs
- Tailwind Two Acquisition Corp.
Tailwind Two Acquisition Corp.
Completed 2022-03-25- CIK 1835512
- TWNT
- Now LLAP
- IPO 2021-03-08
- $345M trust
- 538 filings
Successfully merged with Terran Orbital Corporation • Now trading as LLAP
- IPO Size
- $345M
- raised at the IPO
- Trust
- $345M
- as of 2021-12-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
538 filings over 18 quarters; violet bars carry a milestone
- 20 Q4: 1 filing
- 21 Q1: 19 filings
- 21 Q2: 4 filings
- 21 Q3: 1 filing
- 21 Q4: 15 filings
- 22 Q1: 77 filings
- 22 Q2: 38 filings
- 22 Q3: 64 filings
- 22 Q4: 61 filings
- 23 Q1: 43 filings
- 23 Q2: 39 filings
- 23 Q3: 23 filings
- 23 Q4: 17 filings
- 24 Q1: 25 filings
- 24 Q2: 40 filings
- 24 Q3: 21 filings
- 24 Q4: 49 filings
- 25 Q1: 1 filing
- S-1 filed 20 Q4
- IPO 21 Q1
- Definitive agreement 21 Q4
- Completed 22 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2020-12-16 Filed S1
- IPO2021-03-08 IPO, search begins
- Definitive Agreement2021-10-28 Agreement for merger
- Completed2022-03-25 Merger Completed
About
Tailwind Two Acquisition Corp. is a blank-check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Investment Focus
Technology, Consumer
Key Information
As the filings state it
- IPO Date
- 2021-03-08
- Total Redemptions
- $316M
- PIPE
- $50.8M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2022-03-25
- Merger Target
- Terran Orbital Corporation
- SPAC Ticker
- TWNT
- Merged Ticker
- LLAP
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team comprises technology entrepreneurs and technology-oriented investors with experience in digital consumer businesses, strategic investments, operating companies, and marketing optimization. Key leaders have backgrounds in consumer brands, private equity, venture capital, technology, and public-company management.