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Terran Orbital (Tailwind Two Acquisition) Priced, NYSE: LLAP

Third blank check company formed by Casper CEO Philip Krim targeting a technology business (completed 3/25/2022).

Industry: SPAC

First Day Return: +0.5%

Industry: SPAC

We are a newly incorporated blank check company. We will seek to capitalize on the investment experience of our management team, which consists of technology entrepreneurs as well as technology-oriented investors with a shared vision of identifying and investing in technology companies. We are also deeply experienced in identifying omni-channel trends that we believe are even more important in a COVID and post-COVID world. We believe that our management team’s relationships with leading technology company founders, executives of private and public companies, venture capitalists and growth equity fund managers and its ability to identify and implement value creation initiatives, in particular via marketing optimization will give us a competitive advantage in pursuing a broad range of opportunities. Our team has been immersed in the same ecosystem as the current founders of private companies who are making decisions on how to build currency for future growth and monetization. While we may pursue an initial business combination target in any business, industry or geographical location, we intend to focus our search within the high-growth technology and direct-to-consumer sectors.
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IPO Data
IPO File Date 02/17/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/04/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $300
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 2

Terran Orbital (Tailwind Two Acquisition) (LLAP) Performance