Vacasa to Present at the 2021 RBC Capital Markets Global Technology, Internet, Media and Telecom Conference
2021年11月12日 - 10:00PM
ビジネスワイヤ(英語)
Vacasa, North America’s leading vacation rental management
platform, today announced that CEO Matt Roberts and CFO Jamie Cohen
will participate in a fireside chat at the 2021 RBC Capital Markets
Global Technology, Internet, Media and Telecom Conference on
Tuesday, November 16, 2021, at 11:20 a.m. EST / 8:20 a.m. PST.
Both live and replay versions of the webcast can be accessed on
the Vacasa Investor Website at www.vacasa.com/investors.
About Vacasa Vacasa is the leading vacation rental
management platform in North America, transforming the vacation
rental experience by integrating purpose-built technology with
expert local and national teams. Homeowners enjoy earning
significant incremental income on one of their most valuable
assets, delivered by the company’s unmatched technology that
adjusts rates in real time to maximize revenue. Guests can relax
comfortably in Vacasa’s 30,000+ homes across more than 400
destinations in North America, Belize and Costa Rica, knowing that
24/7 support is just a phone call away. In addition to enabling
guests to search, discover and book its properties on Vacasa.com
and the Vacasa Guest App, Vacasa provides valuable, professionally
managed inventory to top channel partners, including Airbnb,
Booking.com and Vrbo. In Summer 2021, Vacasa entered into an
agreement to become a publicly traded company through a business
combination with TPG Pace Solutions (NYSE: TPGS; “TPGS”), a special
purpose acquisition company (“SPAC”). Interested parties should
refer to the definitive proxy statement/prospectus filed by Vacasa,
Inc. with the U.S. Securities and Exchange Commission for important
information regarding TPG Pace Solutions, Vacasa and the proposed
business combination.
For more information, visit https://www.vacasa.com/press.
Additional Information and Where to Find It This press
release is being made in connection with a proposed business
combination involving Vacasa and TPGS. In connection with the
proposed transaction, Vacasa, Inc. (“NewCo”) has filed with the SEC
a registration statement on Form S-4, which has become effective.
TPGS urges investors, shareholders and other interested persons
to read the definitive proxy statement/prospectus as well as other
documents filed with the SEC because these documents will contain
important information about TPGS, Vacasa, NewCo and the business
combination. Shareholders will be able to obtain a copy of the
definitive proxy statement/prospectus, without charge, by directing
a request to: TPG Pace Solutions, 301 Commerce St., Suite 3300,
Fort Worth, TX 76102. The definitive proxy statement/prospectus can
also be obtained without charge at the SEC’s website
(www.sec.gov).
Participants in Solicitation TPGS, NewCo, Vacasa and
their respective directors and executive officers may be deemed to
be participants in the solicitation of proxies from the
shareholders of TPGS in connection with the proposed business
combination. Investors and security holders may obtain more
detailed information regarding the names, affiliations and
interests of certain of TPGS’s executive officers and directors in
the solicitation by reading TPGS’s initial public offering
prospectus, which was filed with the SEC on April 9, 2021, and the
definitive proxy statement/prospectus relating to the business
combination, which was filed with the SEC on November 10, 2021, and
other relevant materials filed with the SEC in connection with the
business combination when they become available. Other information
concerning the interests of participants in the solicitation, which
may, in some cases, be different than those of their shareholders
generally, is set forth in the definitive proxy
statement/prospectus relating to the business combination.
Shareholders, potential investors and other interested persons
should read the definitive proxy statement/prospectus carefully
before making any voting or investment decisions. Copies of these
documents may be obtained for free from the sources indicated
above.
Forward-Looking Statements Certain statements made in
this press release are “forward-looking statements” within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be
identified by the use of words such as “anticipate”, “believe”,
“expect”, “estimate”, “plan”, “outlook”, and “project” and other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements reflect the current analysis of existing
information and are subject to various risks and uncertainties. As
a result, caution must be exercised in relying on forward-looking
statements. Due to known and unknown risks, actual results may
differ materially from TPGS’s or Vacasa’s expectations or
projections. The following factors, among others, could cause
actual results to differ materially from those described in these
forward-looking statements: (i) the occurrence of any event, change
or other circumstances that could give rise to the termination of
the definitive agreement for the business combination between TPGS
and Vacasa (the “Business Combination Agreement”); (ii) the ability
of the combined company to meet listing standards following the
transaction and in connection with the consummation thereof; (iii)
the inability to complete the transactions contemplated by the
Business Combination Agreement due to the failure to obtain
approval of the shareholders of TPGS or other reasons; (iv) the
failure to meet the minimum cash requirements of the Business
Combination Agreement due to TPGS shareholders redemptions and one
or more defaults by the investors in the private placement that is
being undertaken in connection with the business combination, and
failing to obtain replacement financing; (v) costs related to the
proposed transaction; (vi) changes in applicable laws or
regulations; (vii) the ability of the combined company to meet its
financial and strategic goals, due to, among other things,
competition, the ability of the combined company to pursue a growth
strategy and manage growth profitability; (viii) the possibility
that the combined company may be adversely affected by other
economic, business, and/or competitive factors; (ix) the continuing
or new effects of the COVID-19 pandemic on TPGS and Vacasa and
their ability to consummate the transaction; and (x) other risks
and uncertainties described herein, as well as those risks and
uncertainties discussed from time to time in other reports and
other public filings with the SEC by TPGS and NewCo.
Additional information concerning these and other factors that
may impact TPGS’s and Vacasa’s expectations and projections can be
found in TPGS’s and NewCo’s periodic filings with the SEC and in
the definitive proxy statement/prospectus. TPGS’s and NewCo’s SEC
filings are available publicly on the SEC's website at
www.sec.gov.
The foregoing list of factors is not exclusive. Readers are
cautioned not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. Neither TPGS nor
Vacasa undertakes or accepts any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statements to reflect any change in its expectations or any change
in events, conditions or circumstances on which any such statement
is based, subject to applicable law.
No Offer or Solicitation This press release does not
constitute a solicitation of a proxy, consent or authorization with
respect to any securities or in respect of the proposed business
combination. This press release also does not constitute an offer
to sell or the solicitation of an offer to buy securities, nor will
there be any sale of securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction. No offering of securities will be made except by
means of a prospectus meeting the requirements of the Securities
Act of 1933, as amended, or an exemption therefrom.
No Assurances There can be no assurance that the
transactions described herein will be completed, nor can there be
any assurance, if such transactions are completed, that the
potential benefits of combining the companies will be realized. The
description of the transactions contained herein is only a summary
and is qualified in its entirety by reference to the definitive
agreements relating to the transactions, copies of which have been
filed as exhibits to the Current Report on Form 8-K filed by TPGS
with the SEC on August 3, 2021.
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version on businesswire.com: https://www.businesswire.com/news/home/20211112005347/en/
Sarah Tatone sarah.tatone@vacasa.com
TPG Pace Solutions (NYSE:TPGS)
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TPG Pace Solutions (NYSE:TPGS)
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