Tailwind 2.0 Acquisition Corp. closes $172.5 million IPO of 17.25 million units
Tailwind 2.0 Acquisition Corp., a company formed to pursue a business combination, closed its initial public offering on November 10, 2025, selling 17,250,000 units at $10.00 each for gross proceeds of $172.5 million, including full exercise of the underwriters' over-allotment option. The company also sold 545,000 private placement units to its sponsor and Cohen & Company Capital Markets for $5.45 million, and $172.5 million from the offering and private placement was placed in a trust account. Shareholder funds in the trust are not released until a business combination is completed or public shares are redeemed under the terms in the filing.
Key points
- Offering of 17,250,000 units at $10.00 per unit, closed November 10, 2025, for gross proceeds of $172.5 million
- Private placement of 545,000 units to the sponsor and Cohen & Company Capital Markets at $10.00 per unit, for gross proceeds of $5.45 million
- $172.5 million of net proceeds from the offering and private placement placed in trust; redemption of public shares if no business combination within 24 months of the offering closing
- Five directors appointed effective November 6, 2025: Ralph Alexander, Evan Caron, Andreas Penna, Alan Sheriff and Tommy Stadlen
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.