Renaissance Capital logo

TPG Pace Beneficial II Priced, NYSE: YTPG

Blank check company formed by TPG Pace Group targeting a business with a strong ESG profile (liquidated).

Industry: SPAC

Latest Trade: $9.99 0.00 (0.0%)

First Day Return: +1.1%

Return from IPO: -0.1%

Industry: SPAC

We are a newly incorporated blank check company. We are focused on sponsoring the public listing of a company that combines attractive business fundamentals with, or with the potential for strong environmental, social and governance (“ESG”) principles and practices through a business combination. We expect to be listed on the NYSE with the ticker “YTPG.” The concept of ESG investing is growing in significance amongst both institutional and retail investors. The practice of ESG investing began as socially responsible investing with investors excluding stocks or entire industries from their portfolios based on business activities such as tobacco production. Today, ethical considerations and alignment with values remain common motivations of many ESG investors, but according to MSCI Research, the field is rapidly growing and evolving, as many investors look to incorporate ESG factors into the investment process alongside traditional financial analysis. We believe that ESG-focused investing in the public markets is still at an early stage of development and has the potential for tremendous growth going forward.
more less
IPO Data
IPO File Date 03/08/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 35.0
Deal Size ($mm) $350
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/13/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 35.0
Deal Size ($mm) $350
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Deutsche Bank
J.P. Morgan
more
Company Data
Headquarters Fort Worth, TX, United States
Founded 2021
Employees 3
Website www.tpg.com

TPG Pace Beneficial II (YTPG) Performance