TPG Pace Tech Opportunities II Corp. (TPGT)
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Three blank-check companies, backed by private equity firm TPG Capital, are looking to raise over $1 billion through initial public offerings, according to regulatory filings on Monday.
TPG Pace Tech Opportunities II, a blank check company formed by TPG Pace Group targeting the tech industry, filed on Monday with the SEC to raise up to $450 million in an initial public offering.
TPG Pace Tech Opportunities II. Corp. has filed to go public with an IPO on the New York Stock Exchange (NYSE).
TPG Pace Tech Opportunities II is a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We intend to capitalize on the ability of our management team to identify, acquire and operate an attractive technology or technology-driven business that we believe will be well positioned to thrive in the public markets business and that could benefit from ... [Read more...]
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