Tailwind 2.0 Acquisition, a blank check company targeting the intelligence layer of energy and compute infrastructure, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one right to receive one-tenth of a share upon the completion of an initial business combination.
The company is led by Chairman Philip Krim and CEO and Director Sharo Atmeh, the co-founders of venture firm Montauk Climate, where they serve as CEO and COO, respectively. Krim previously co-founded 2020 IPO Casper Sleep (CSPR), serving as its CEO until 2021 and its Director until 2022, when it was taken private by Durational Capital.
Tailwind 2.0 Acquisition plans to target companies building the intelligence layer of energy and compute infrastructure, specifically solving structural inefficiencies in energy routing, compute optimization, and grid intelligence.
Management’s previous SPACs include Tailwind Two Acquisition, which merged with satellite developer Terran Orbital (LLAP; acquired by Lockheed Martin) in 2022; Tailwind International Acquisition (TWNI.U), which liquidated in 2023; and Tailwind Acquisition, which merged with laser developer NUBURU (BURU; -99.9% from $10 offer price) in 2023.
Tailwind 2.0 Acquisition plans to list on the Nasdaq under the symbol TDWDU. Cohen & Company Securities acted as sole bookrunner on the deal.
