Company: TDWDU
Filing Date: 2025-07-14
Form Type: DRS
Source: 0001213900-25-063440
Chunk: 163

Company: Tailwind 2.0 Acquisition Corp.
Filing Date: 2025-07-14
Form: DRS
Chunk 163
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.32. Tailwind Two Acquisition Corp. Philip Krim, our Chairman, served as Chairman of Tailwind Two Acquisition Corp. On March9, 2021, the Company consummated an initial public offering of 34,500,000 units, including exercise of the underwriters’ overallotment option. On March25, 2022, Tailwind Two Acquisition Corp. merged with and into Terran Orbital in a transaction valued at $1.58billion. In connection with the business combination, an aggregate of 31,565,677 Class A ordinary shares were redeemed, which represented approximately 91% of the then outstanding shares. Upon consummation of the merger, Tailwind Two Acquisition Corp. changed its name to Terran Orbital. On October30, 2024, Lockheed Martin Corporation acquired Terran Orbital for a purchase consideration of $314million. Tailwind International Acquisition Corp. Philip Krim, our Chairman, served as CEO of Tailwind International Acquisition Corp. Tommy Stadlen and Alan Sheriff, our independent director nominees, served as Chairman and director, respectively, of Tailwind International Acquisition Corp. On February23, 2021, Tailwind International Acquisition Corp. consummated an initial public offering of 34,500,000 units, including exercise of the underwriters’ overallotment option. In August 2023, Tailwind International Acquisition Corp. liquidated and redeemed all of its outstanding Class A ordinary shares. The past performance of our management team is not a guarantee either (i) of success with respect to any business combination we may consummate or (ii) that we will be able to identify a suitable candidate for our initial business combination. You should not rely on the historical record of our management teams’ or our board’s performance as indicative of our future performance. Market Opportunity We believe we are uniquely positioned to capitalize on the growing opportunity in the Electron Economy, a rapidly emerging industry at the convergence of artificial intelligence, deep tech, and grid infrastructure. Against a backdrop of accelerating electrification, digital transformation, and geopolitical urgency, we believe there is global demand for resilient, intelligent, and sustainable infrastructure. We believe there are several trends at the forefront of the growth in the industry. Structural changes have paved a way for the need for new technology. According to the NC Celar Energy Technology Center, in the past year, all 50 U.S. states have implemented grid modernization mandates catalyzing a once -in - a-generationoverhaul of the nation’s energy