Northland Capital Markets announced today that it has acted as Co-Manager for an initial public offering of $350 million of common units for TPG Pace Beneficial Finance Corp.   TPG Pace Beneficial Finance is a newly-organized blank check company incorporated for the purpose of effecting a business combination with one or more businesses.  The Company is focused on sponsoring the public listing of a company that combines attractive business fundamentals with, or with potential for strong environmental, social, and governance principles and practices through a business combination.

The Company priced the sale of 35,000,000 units to the public at $10.00 per unit for gross proceeds of $350 million, not including 5,250,000 units from the over-allotment option exercisable by the underwriters for 45 days.

TPG Pace Beneficial Finance intends to use the net proceeds it receives from the offering to effect a business combination.

For more information:  Press Release – Northland Capital Markets Served as Co-Manager for TPG Pace Beneficial Finance Corp.’s $350 Million Initial Public Offering of Common Units  10/12/2020