Tailwind Two Acquisition Corp. Signs Definitive Agreement with Terran Orbital, the Global Leader in the Development and Innovation of Small Satellites, in a Transaction Valued at $1.58 Billion

PRNewswire

Oct 28, 2021

- $345 million cash-in-trust from Tailwind Two

- $50 million PIPE with participation from AE Industrial Partners, Beach Point Capital, Daniel Staton and Lockheed Martin

- $75 million of additional financial commitments from Francisco Partners and Beach Point Capital

- Transaction expected to close in first quarter of 2022

PR Newswire

NEW YORK and BOCA RATON, Fla., Oct. 28, 2021

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