TPGY - Merger Update (May 2020) - Delayed, maybe Cancelled

sec.report/Document/0001193125...

The Company was recently informed that the completion of the audited financial statements of EVBox Group as of and for the year ended December 31, 2020 (the “2020 EVBox Group Financials”), which would be required to be filed in the Registration Statement on Form F-4 relating to the Business Combination (the “Registration Statement”) prior to its effectiveness, will take significantly longer than previously anticipated. Engie Seller has recently confirmed to the Company that further review of certain accounting matters is necessary. As of the date of this Current Report there is no certainty regarding the timing or nature of a resolution of such matters or timing for finalizing the 2020 EVBox Group Financials. As a result of the delay in the 2020 EVBox Group Financials, the Company currently expects that certain material conditions to closing, including among others, the effectiveness of the Registration Statement and the approval of the Business Combination by the Company’s stockholders, will not be met as of June 8, 2021 (the “Outside Date”).

Pursuant to the terms of the agreement governing the Business Combination (the “Business Combination Agreement”), beginning on the Outside Date, the Business Combination Agreement may be terminated by either the Company or Engie Seller. However, the Company has the unilateral right until May 28, 2021 to extend the Outside Date to September 6, 2021. The Company expects to have further discussions with Engie Seller regarding these matters to better evaluate the various alternatives, but has not determined whether it intends to exercise any such rights and there is no certainty that it will exercise such rights or that the Company will otherwise successfully renegotiate any economic or other terms of the Business Combination Agreement with Engie Seller. As a result, as of the date of this Current Report, the Company has significant doubts regarding the likelihood that the Business Combination will be completed on the terms currently contemplated or at all.
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TPGY / EVBox - Updated Investor Presentation & Merger Vote Date (March 2021)

sec.report/Document/0001193125...

Most important update was the merger section.

They expect it to be done in June 2021, pending audited financials being completed.
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TPGY - Target Announced: EVBox

EVBox Group to Become Public Company via Business Combination with TPG Pace Beneficial Finance

EVBox Group to Gain Access to Growth Capital to Fuel Global Expansion

EVBox Group’s Leadership Position in European EV Charging Solutions is Aligned with TPG Pace Beneficial Finance’s Commitment to Advancing High-Growth, ESG-Focused Companies Globally

ENGIE to Retain 40+% Ownership

Institutional Investors Including Funds and Accounts Managed by BlackRock, Inclusive Capital Partners, Neuberger Berman Funds and Wellington Management to Invest Additional $225 Million of Equity Through Private Placement at Closing

EVBox Group to be Listed on the NYSE Following Close Expected Late Q1-2021

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TPG Pace Beneficial Finance Corp - TPGY

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