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Tailwind Acquisition Corp. (TWND)

NYSE - NYSE Delayed price. Currency in USD
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9.90+0.01 (+0.10%)
At close: 3:59PM EDT
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Trade prices are not sourced from all markets
Previous close9.89
Bid9.88 x 3100
Ask9.91 x 800
Day's range9.90 - 9.97
52-week range9.55 - 11.65
Avg. volume565,574
Market cap413.592M
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Business Wire

    Cannae Holdings, Inc. Announces $50 Million New Investment in QOMPLX, Inc. and Tailwind Acquisition Corp. Merger

    Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company, in conjunction with the announced QOMPLX and Tailwind Acquisition Corp. (NYSE: TWND) merger, intends to invest $50 million in the newly combined entity, including $37.5 million as part of a private investment in public equity ("PIPE") for 3,750,000 shares of TWND in addition to 835,539 founder shares, and $12.5 million into a convertible promissory note (the "Note"). The Note has a one-year term and carries a 7.5% annual interest rate, and is expected to convert into 1,250,000 shares of TWND at the closing of the transaction. This investment will be in addition to Cannae’s initial investment in QOMPLX of $30 million in the fourth quarter of 2019, for which Cannae would receive approximately 17,830,727 shares of TWND. For Cannae’s total investment of $80 million, the Company would receive approximately 23,666,266 shares of TWND. The additional PIPE investment and conversion of the outstanding principal amount and interest under the Note into shares of TWND would occur concurrently with the closing of the QOMPLX and Tailwind Acquisition Corp. combination.

  • Business Wire

    QOMPLX, a Leader in Cloud-Native Risk Analytics, Elects to Become a Public Company Through a Merger with Tailwind Acquisition Corp

    QOMPLX, a cloud-native leader in risk analytics, and Tailwind Acquisition Corp. (NYSE: TWND), a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company (the "Company") will operate as QOMPLX and plans to list under the symbol QPLX. The transaction reflects an estimated post-transaction equity value for QOMPLX of approximately $1.4 billion.