Bilander Acquisition Corp.
TWCB
NASDAQ Capital Market10.24
USD
+0.01
- -
CIK
0001845618
ISIN
US09001T1060
CUSIP
09001T106
Return %
Stock
S&P500
1Y
5.46
26.53
3Y
6.00
76.60
5Y
6.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Scott W. Wagner
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Four Embarcadero Center San Francisco CA United States of America 94111
- IPO Date
- Sep 13, 2021
- CIK
- 0001845618
- Similar Companies
- Business
- Bilander Acquisition Corp. (NASDAQ:TWCB) operates as a blank check company whose principal business activity is pursuing mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses, primarily targeting high-growth technology companies with enterprise values between $750 million and $2.5 billion; it conducts no significant operations prior to completing an initial business combination. The company maintains a sponsor relationship with True Wind Capital and focuses on private, high-quality technology targets served by strong management teams. Founded on February 5, 2021, and headquartered at Four Embarcadero Center, Suite 2100, San Francisco, California, Bilander raised $150 million in its July 2021 initial public offering of 15 million units at $10 each, underwritten by Morgan Stanley, Deutsche Bank, and Evercore ISI, with forward purchase agreements securing an additional $50 million. In July 2023, Bilander announced the redemption of all outstanding Class A common stock effective July 26, 2023, at approximately $10.25 per share net of taxes and expenses, due to failure to complete an initial business combination within its charter's required timeframe, resulting in delisting from Nasdaq and subsequent liquidation; no merger targets were publicly announced prior to dissolution, marking the SPAC's wind-down as its primary recent development.