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Remember SPACs? Market Focuses on Earnings

Remember SPACs? Market Focuses on Earnings
An expected quiet day in SPAC land, at least thereÂ was one deal announcement, as the market was undoubtedly more focused on big tech earnings.
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Apr 27, 2021
Up and down day for stocks as the market was focused on mega-cap earnings reports due from the likes of MSFT, AMD, and GOOG. The tech heavy Nasdaq 100 dipped, while the S&P500 was relatively flat. Unsurprisingly, there was little mainstream attention towards SPACs today, although this morning did see a late deal announcement bringing the week s total to two. Expect deal flow to remain muted for the time being. ....

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Tailwind Two Acquisition Corp. Announces Pricing of $300 Million Initial Public Offering

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NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) Tailwind Two Acquisition Corp. (the Company ), a special purpose acquisition company formed for the purpose of entering into a business combination with one or more businesses, today announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol TWNT.U beginning on March 5, 2021. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the New York Stock Exchange under the symbols TWNT and TWNT WS, respectively. ....

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