Ticker LaunchSPAC · Merger completed
Tailwind Two Acquisition Corp.
Business combination with Terran Orbital Corporation
Tailwind Two Acquisition Corp. is a blank-check company (SPAC) that raised $300M in its initial public offering on Mar 8, 2021, listing on New York Stock Exchange. It completed its business combination with Terran Orbital Corporation on Mar 25, 2022; the combined company is Terran Orbital Corporation (LLAP). Jefferies led the IPO. Kirkland & Ellis advised the SPAC and White & Case advised the underwriters on the IPO.
Terran Orbital Corporation is a vertically integrated provider of end-to-end satellite solutions. It is also developing a NextGen Earth Observation constellation intended to provide persistent, real-time earth imagery.
- Status
- Merger completed
- IPO date
- Mar 8, 2021
- IPO size
- $300M
- IPO exchange
- New York Stock Exchange
- Target
- Terran Orbital Corporation
- Announced
- Oct 28, 2021
- Closed
- Mar 25, 2022
- Combined company
- Terran Orbital Corporation (LLAP)
- IPO underwriters
- Jefferies
- SPAC counsel (IPO)
- Kirkland & Ellis and Maples and Calder
- Underwriters' counsel (IPO)
- White & Case
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Mar 8, 2021
- Deal announcement (8-K) Oct 28, 2021
- Press release
- All filings on EDGAR CIK 1835512
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