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Tishman Speyer Innovation II Priced, Nasdaq: TSIBU

Second blank check company formed by Tishman Speyer targeting real estate and property technology businesses (liquidated).

Industry: SPAC

Latest Trade: $10.04 +0.21 (+2.1%)

First Day Return: +8.8%

Return from IPO: -1.7%

Industry: SPAC

We are a newly-organized blank check company. While we may pursue an acquisition opportunity in any industry or geographic region, we currently intend to focus on identifying businesses that can benefit from our sponsor’s leading brand, operational expertise and global network in the real estate industry, including real estate adjacent businesses and technologies targeting the real estate space, which we refer to as “Proptech” businesses. We define Proptech businesses broadly as those applying innovative digital technologies and technology-enhanced services and solutions to the identification, design, development, construction, operation, underwriting, acquisition, leasing, financing, management and disposition of real estate properties. Leveraging our sponsor’s deep and global real estate expertise and extensive network of relationships, we intend to identify innovative companies that have the potential to disrupt different aspects of the real estate industry or related industries and to transform how stakeholders relate to real estate in the future. These stakeholders include brokers, investors, lenders, operators, municipalities, service providers, owners, residents and tenants.
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IPO Data
IPO File Date 01/26/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/11/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BofA Securities
Allen & Company
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 3
Website www.tishmanspeyer.com

Tishman Speyer Innovation II (TSIBU) Performance