Company: TDWDU
Filing Date: 2025-12-22
Form Type: 10-Q
Source: 0001213900-25-124661
Chunk: 64

Company: Tailwind 2.0 Acquisition Corp.
Filing Date: 2025-12-22
Form: 10-Q
Item: Part I, Item 2
Chunk 64
---
 November 10, 2025, simultaneously with
the closing of the initial public offering, the underwriters elected to fully exercise the over-allotment option to purchase the additional
2,250,000 units at a price of $10.00 per Unit.

15

The underwriters were entitled to a cash underwriting discount of $0.20
per Unit, or $3,450,000 in the aggregate, which was paid at the closing of the initial public offering. Of this amount, $0.10 per Unit
was paid to the underwriters upon the closing of the initial public offering in cash and $0.10 per Unit was used by the underwriters to
purchase private placement units.

Additionally, the underwriters are entitled to a deferred underwriting
discount of $0.40 per Unit, or up to $6,900,000 in the aggregate payable to the underwriters for deferred underwriting commissions on
amounts remaining in the trust account after all redemptions by public shareholders have been met. The deferred underwriting discount
will become payable to the underwriters from the amounts held in the trust account solely in the event we complete our initial business
combination.

Critical Accounting Estimates

The preparation of condensed financial statements
and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management
to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities
at the date of the unaudited condensed financial statements, and income and expenses during the periods reported. Making estimates requires
management to exercise significant judgement. It is at least reasonably possible that the estimate of the effect of a condition, situation
or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating
its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could materially
differ from those estimates. As of September 30, 2025, we did not have any critical accounting estimates to be disclosed.

Item 3. Quantitative and Qualitative Disclosures
About Market Risk

Not required for smaller reporting companies.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures are controls
and other procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange
Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms