TWC Tech Holdings II Corp.
TWCT
NASDAQ Global Select10.06
USD
+0.08
- -
CIK
0001819313
ISIN
US90117G1058
Return %
Stock
S&P500
1Y
- -
18.02
3Y
- -
64.11
5Y
4.14
72.15
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
- Adam H. Clammer
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Four Embarcadero Center San Francisco CA United States of America
- IPO Date
- Nov 2, 2020
- CIK
- 0001819313
- Similar Companies
- Business
- TWC Tech Holdings II Corp. (TWCT) operates as a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, with a focus on the technology and technology-enabled services sectors; it offers no current products or services beyond this acquisition mandate. The company, founded in 2020 and headquartered in San Francisco, California, conducted its initial public offering in September 2020, raising approximately $600 million in gross proceeds, which remains held in trust pending a business combination. Geographically, TWC Tech Holdings II targets global opportunities without specified operational regions as a pre-deal entity. In its most significant development, TWC Tech Holdings II completed a business combination with Cellebrite DI Ltd., a provider of digital intelligence solutions, in August 2021, through which Cellebrite became a publicly listed company on Nasdaq under the ticker CLBT, while TWC shares and units (TWCT/TWCTU) transitioned to over-the-counter trading and eventual delisting from Nasdaq. The merger, valued at an implied pro forma equity of approximately $2.4 billion, generated about $370 million in gross proceeds from trust cash after redemptions and a $300 million private investment in public equity (PIPE) from investors including Light Street Capital, Makena Capital, and Axon Enterprise. No further mergers, acquisitions, funding rounds, or strategic shifts have occurred since the Cellebrite transaction, with TWCTU units trading at around $9.61 in over-the-counter markets as of late 2025.
Cellebrite Completes Business Combination with TWC Tech Holdings II Corp.
TWC Tech Holdings Stockholders Approve Business Combination with Cellebrite
Cellebrite Announces Effectiveness Of Registration Statement In Connection With Its Proposed Business Combination With TWC Tech Holdings II Corp.
TWC Tech Holdings II (TWCT) To Take Cellebrite Public In $2.4 Billion Deal