TPG Pace Beneficial Finance and EVBox Group Mutually Agree to Terminate Business Combination Agreement
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TPG Pace Beneficial Finance and EVBox Group Mutually Agree to Terminate Business Combination Agreement
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SC 13G/A - TPG Pace Beneficial Finance Corp. (0001819399) (Subject)
SC 13G/A - TPG Pace Beneficial Finance Corp. (0001819399) (Subject)
SC 13G - TPG Pace Beneficial Finance Corp. (0001819399) (Subject)
3 - TPG Pace Beneficial Finance Corp. (0001819399) (Issuer)
4 - TPG Pace Beneficial Finance Corp. (0001819399) (Issuer)
4 - TPG Pace Beneficial Finance Corp. (0001819399) (Issuer)
15-12G - TPG Pace Beneficial Finance Corp. (0001819399) (Filer)
25-NSE - TPG Pace Beneficial Finance Corp. (0001819399) (Subject)
25-NSE - TPG Pace Beneficial Finance Corp. (0001819399) (Subject)
TPG Pace Beneficial Finance Corp. (NYSE:TPGY, TPGY, TPGY WS))) ("TPG Pace"), a publicly traded special purpose acquisition company, and EV Charged B.V. ("EVBox Group"), today announced that TPG Pace, Edison Holdco B.V., New TPG Pace Beneficial Finance Corp., ENGIE New Business S.A.S. ("Engie Seller") and EVBox Group have mutually agreed to terminate their previously announced business combination agreement, effective immediately. TPG Pace intends to continue to pursue the consummation of a business combination with an appropriate target. With the agreement terminated, TPG Pace, Engie Seller and EVBox Group may (but are not required to) continue to discuss a potential business combination t
LIBERTYVILLE, Ill., March 30, 2021 (GLOBE NEWSWIRE) -- A majority (52%) of U.S. residents agree that electric vehicles are instrumental in combating climate change, and 46% agree that governments should increase tax incentives for people who buy EVs, according to a report from market research firm Ipsos and EVBox Group, a leading global provider of EV charging solutions. Four in 10 (41%) of Americans say they would consider an Electric Vehicle (EV) for their next car. The top barrier to buying is drivers’ uncertainty around finding a charging station when they need it — an indication that an expanded public EV charging infrastructure would help the nation transition more quickly from g
SAN FRANCISCO--(BUSINESS WIRE)--TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) (“TPG Pace”), a publicly traded special purpose acquisition company that is focused on high-growth companies with strong environmental, social and governance principles, today announced the confidential submission with the Securities and Exchange Commission (“SEC”) of a draft registration statement on Form F-4 (the “Registration Statement”) relating to its previously announced business combination with ENGIE New Business S.A.S. (“Engie Seller”) pursuant to which TPG Pace expects to acquire Engie Seller’s subsidiary EV Charged B.V. (“EVBox Group”). The draft Registration Statement was sub
Along with the hundreds of announced SPAC mergers and closed deals in 2021 came a handful of SPAC deals that were terminated. Here’s a look at what it means for the SPACs that called off mergers. What Happened: SPACs can terminate deals for numerous reasons including a change in valuation sentiment, missing deadlines or news items coming from the acquisition target. When SPACs call off deals, they lose the time and money spent to research and attempt to close a deal. The termination also sends the team back to the drawing board to try and find a new acquisition target. SPACs have a deadline date to meet, which is typically 24 months from its IPO date. With deals called off, many companies
Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade after the after the Dow Jones and S&P 500 settled at fresh records in the earlier session. Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims holding at 205,000 for the December 25 week compared to 205,000 in the previous week. The Chicago PMI for December is scheduled for release at 9:45 a.m. ET, while data on farm prices for November will be released at 3:00 p.m. ET. Futures for the Dow Jones Industrial Average gained 15 points to 36,396.00 while the Standard & Poor’s 500 index futures gained 5 points to 4,789.50. Futures for the Nasdaq ind
Some of the stocks that may grab investor focus today are: Four Corners Property Trust, Inc. (NYSE:FCPT) reported acquisition of three Mr. Tire Properties for $2.5 million. The company acquired Red Robin and AT&T outparcel properties for $2.8 million, and Portillo’s restaurant property for $3.3 million. FCPT shares gained 1.6% to close at $29.69 on Wednesday. Biogen Inc. (NASDAQ:BIIB) shares jumped over 9% on Wednesday after Korea Economic Daily reported that Samsung Group is in talks to buy the company. Biogen shares jumped 9.5% to close at $258.31 on Wednesday, adding another 0.7% in after-hours trading. VAALCO Energy, Inc. (NYSE:EGY) reported the filing of a $50 million shelf registr