Tailwind International Acquisit
TWNI-WT
New York Stock Exchange0.01
USD
+0.01
- -
CIK
0001835881
Return %
Stock
S&P500
1Y
-79.76
18.44
3Y
-79.76
63.65
5Y
-79.76
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001835881
- Similar Companies
- Business
- Tailwind International Acquisition Corp. Tailwind International Acquisition Corp. (TWNI-WT) operates as a blank check company whose redeemable warrants entitle holders to purchase one Class A ordinary share at $11.50 per share upon consummation of an initial business combination; the underlying securities include Class A ordinary shares and units comprising one share plus one-third of a warrant, initially offered in a $300 million upsized initial public offering in February 2021 with units trading under TWNI.U, shares under TWNI, and warrants under TWNI WS or TWNI-WT. Incorporated in 2020 and headquartered in New York, New York, the company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more technology-enabled businesses, particularly targeting opportunities abroad with an emphasis on European markets; it maintains no significant current operations beyond pursuing such a combination. In April 2023, the New York Stock Exchange suspended trading in its securities and commenced delisting proceedings due to failure to meet continued listing standards, including an average aggregate global market capitalization below $40 million following heavy redemptions of 94.2% of public shares ahead of an extension vote in February 2023 that approved pushing the business combination deadline from February to August 2023; the company subsequently liquidated without completing a merger, with warrants trading over-the-counter as TWNI-WT or TWNIF and showing substantial declines in value.