Company: TDWDU
Filing Date: 2025-12-22
Form Type: 10-Q
Source: 0001213900-25-124661
Chunk: 27

Company: Tailwind 2.0 Acquisition Corp.
Filing Date: 2025-12-22
Form: 10-Q
Item: Part I, Item 1
Chunk 27
---
 entities or financial partnerships, often referred to as variable interest entities, which would have been established
for the purpose of facilitating off-balance sheet arrangements. We have not entered into any off-balance sheet financing arrangements,
established any special purpose entities, guaranteed any debt or commitments of other entities, or purchased any non-financial assets.

Contractual Obligations

We do not have any long-term debt, capital lease obligations, operating
lease obligations or long-term liabilities, other than an agreement to pay an aggregate of $20,000 per month for office space and general
and administrative services until the consummation of the business combination. These monthly fees will cease upon the completion of the
initial business combination or the liquidation of the Company.

The underwriters had a 45-day option from the date of the initial public
offering to purchase up to an additional 2,250,000 units to cover over-allotments, if any. On 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.