Tailwind International Acquisition (TWNI) 10% owner Tailwind International Sponsor disposed of 8,624,999 shares

Insider transactions reported

Tailwind International Sponsor LLC (10% owner at Tailwind International Acquisition Corp., TWNI) reported that they disposed of 8,624,999 shares on May 2, 2023.

Reporting person

Tailwind International Sponsor LLC

Options and other derivatives

Holdings before and after

• Class B Ordinary Shares: 8,625,000 to 1 direct

Footnotes from the filing

1. 1. As described in the Issuer's registration statement on Form S-1 (File No. 333-252595) under the heading Description of Securities-Founder Shares , the terms of the Class B ordinary shares, par value $0.0001 per share, provided at issuance that they would automatically convert into our Class A ordinary shares, par value $0.0001 per share, at the time of our initial business combination or earlier at the option of the holders, on a one-for-one basis, subject to adjustment for share splits, share capitalization, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
2. 2. On May 3, 2023, the Issuer disclosed that its shareholders had approved an amendment to its Amended and Restated Memorandum and Articles of Association to amend the date by which the Issuer had to consummate a business combination from August 23, 2023 to May 1, 2023. As such, following the shareholder meeting, the Issuer commenced winding up procedures. In connection with the winding up of the Issuer, all but one of the Class B ordinary shares, par value $0.0001, held by the reporting persons were surrendered for no consideration on May 2, 2023.
3. 3. Tailwind International Sponsor LLC directly held all of the reported shares. Mr. Philip Krim and Mr. Tommy Stadlen together control Tailwind International Sponsor LLC and, as such, share voting and investment discretion with respect to the securities held by Tailwind International Sponsor LLC and may be deemed to have beneficial ownership of such securities. Mr. Philip Krim and Mr. Tommy Stadlen disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Transaction codes in this filing

Other acquisition or disposition:

Code J marks a transaction that fits no other code. The footnotes describe what happened.

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