Company: TDWDU
Filing Date: 2025-12-22
Form Type: 10-Q
Source: 0001213900-25-124661
Chunk: 2

Company: Tailwind 2.0 Acquisition Corp.
Filing Date: 2025-12-22
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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   $—  

 Issuance     of Class B ordinary shares to initial shareholders (1)   —    —    5,750,000    575    24,425    —    25,000  

 Net loss   —    —    —    —    —    (21,895)   (21,895) 

 Balance – June 30, 2025   —    —    5,750,000    575    24,425    (21,895)   3,105  

 Share-based compensation expense   —    —    —    —    522    —    522  

 Net loss   —    —    —    —    —    (29,800)   (29,800) 

 Balance – September 30, 2025 (unaudited)   —   $—    5,750,000   $575   $24,947   $(51,695)  $(26,173) 

 (1) Includes an aggregate of up to 750,000 Class B ordinary shares subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ over-allotment option was exercised (Note 5). On November 10, 2025, the Company consummated the Initial Public Offering of 17,250,000 units at $10.00 per unit, which includes the full exercise of the underwriters’ over-allotment option of 2,250,000 units, generating gross proceeds of $172,500,000. As such, the 750,000 Class B ordinary shares are no longer subject to forfeiture. 

The accompanying notes are an integral part of
the unaudited condensed financial statements.

3

TAILWIND 2.0 ACQUISITION CORP.

CONDENSED STATEMENT OF CASH FLOWS

FOR THE PERIOD FROM MAY 29, 2025 (INCEPTION)
THROUGH SEPTEMBER 30, 2025

(UNAUDITED)

Cash Flows from Operating Activities: 
  
 Net loss  $(51,695) 

Adjustments to reconcile net loss to