Blank Check IPOs (SPACS) Message Board

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Technology Stocks : Blank Check IPOs (SPACS)

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To: sixty2nds who wrote (2810)	9/11/2020 8:35:24 AM
From: sixty2nds	Read Replies (1) of 3862

seekingalpha.com True Wind Capital's 2nd SPAC raises $525M in IPO Sep. 11, 2020 7:42 AM ET\|About: Open Lending Corporation (LPRO)\|By: Stephen Alpher, SA News Editor TWC Tech Holdings ( TWCTU) overnight sold 52.5M units at $10. Each unit consists of one share of common stock and one-third of a warrant struck at $11.50. The sponsor is True Wind Capital, led by Adam Clammer and James Green Jr. They plan on targeting the technology and technology-enabled services sectors, and a deal value of $1B-$10B. True Wind's previous SPAC was Nebula Acquisition, which went public in January 2018. It merged with Open Lending (NASDAQ: LPRO) in June of this year, and shares have doubled since.

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