Current Report Filing (8-k)
February 07 2023 - 4:26PM
Edgar (US Regulatory)
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2023-02-07
2023-02-07
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2023-02-07
2023-02-07
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2023-02-07
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TWNI:RedeemableWarrantsEachWholeWarrantExercisableForOneClassAOrdinaryShareAtAnExercisePriceOfDollar11.50Member
2023-02-07
2023-02-07
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 7, 2023
Tailwind
International Acquisition Corp.
(Exact name of registrant as specified in its
charter)
Cayman Islands |
|
001-40085 |
|
98-1211987 |
(State
or other jurisdiction of incorporation or
organization) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer Identification
Number) |
150 Greenwich
Street, 29th Floor
New York,
New York |
|
10006 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant's telephone number, including area
code: (212) 266-0085
Not Applicable
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
¨ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
x | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
¨ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to
Section 12(b) of the Act:
Title of each class |
|
Trading
Symbol(s) |
|
Name of each
exchange
on which registered |
Units, each consisting of one Class A Ordinary Share and one-third of one redeemable warrant |
|
TWNI.U |
|
New York Stock Exchange |
Class A Ordinary Shares, $0.0001 par value |
|
TWNI |
|
New York Stock Exchange |
Redeemable Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 |
|
|
|
None |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth
company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
As previously disclosed
in its definitive proxy statement dated as of February 2, 2023 (the “Definitive Proxy Statement”), Tailwind International
Acquisition Corp. (the “Company”) will hold an extraordinary general meeting on February 21, 2023 (the “Shareholder
Meeting”) to consider and vote upon the Extension Amendment Proposal and the Redemption Limitation Amendment Proposal (each
as defined in the Definitive Proxy Statement) and, if necessary, the Adjournment Proposal (as defined in the Definitive Proxy Statement).
The Company has identified
a potential business combination target company in the energy storage sector (the “Partner”) for an initial business
combination (the “Potential Business Combination”). The Company believes the Potential Business Combination with the
Partner represents a compelling opportunity for the Company to complete its initial business combination and has entered into a letter
of intent with the Partner. Such letter of intent is non-binding. The execution of a definitive business combination agreement is subject
to several conditions, including the completion of due diligence and negotiation and preparation of documentation. The Company cannot
assure you that it will enter into a definitive business combination agreement with the Partner.
In connection with
the Shareholder Meeting, the Company intends prior to the Shareholder Meeting, to instruct Continental Stock Transfer & Trust
Company, the trustee with respect to the trust account, to liquidate the U.S. government treasury obligations or money market funds
held in the trust account and thereafter to maintain the funds in the trust account in cash in an interest-bearing demand deposit
account at a bank. Interest on such deposit account is currently approximately 2.75% per annum, but such deposit account carries a
variable rate and the Company cannot assure you that such rate will not decrease or increase significantly.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: February 7, 2023
|
Tailwind International Acquisition Corp. |
|
|
|
|
By: |
/s/ Philip Krim |
|
Name: |
Philip Krim |
|
Title: |
Chief Executive Officer |
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