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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Maverick - 3 years ago
Not sure I've ever seen a SPAC double on an announcement of a target. This one did.

It's basically ChargePoint of Europe, from what I can tell.  Revenue projections aren't greatest, but in line with ChargePoint...which has done well.

I'm not paying 21 for a SPAC stonk that's 3+ months out from merger - will try to get in the 16-17 range.

TPG Pace Beneficial Finance Corp - TPGY

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