- TPG Pace Beneficial II Corp.
TPG Pace Beneficial II Corp.
Website
We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not identified any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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. In our view, however, both companies and public market investors frequently struggle with the most effective ways to track, measure and value the benefit of ESG initiatives. We are confident that we can systematically help both companies and investors achieve their ESG goals.
Offering Team
Deal Managers
- Deutsche Bank
- J P Morgan Chase
- Morgan Stanley
Lawyers
- Weil, Gotshal & Manges LLP
Auditors
- KPMG LLP
Pre-IPO Investors
Investors
- Google Ventures
- Intel Ventures
- Patricoff Ventures
- Kleiner Perkins
Pre-IPO Holdings(%)
- 30
- 20
- 05
- 18
Deal Highlights
Deal Tracker
Investors
Filing
13 Apr, 2021Offer
14 Apr, 2021Look Ahead
Lock Up Expiry
14 Oct, 2021Earning
Nov 1, 2018IPO Terms
Offer Price | $10.00 |
Offer Size | 35M |