News Briefs

True Wind Capital targets $1bn for two SPACs via IPOs: Reuters

True Wind Capital LP is seeking to raise a total $1 billion for two blank-check firms through IPOS, reported Reuters, citing SEC filings.

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True Wind Capital LP is seeking to raise a total $1 billion for two blank-check firms through IPOS, reported Reuters, citing SEC filings. The news wire noted that the True Wind SPACs, Brigantine Acquisition Corp and Mistico Acquisition Corp, are planning on on selling 60 million units and 40 million units, respectively, for $10 per share, on the NASDAQ. Morgan Stanley, Deutsche Bank Securities and Evercore ISI are the underwriters for the offerings.

Source: Reuters