TPG Pace Beneficial Finance Corp (TPGY)

Imagine if the merger took place.

White House has plan to grow US’s EV charging network to 500,000 stations

https://electrek.co/2021/12/13/white-house-plan-grow-us-ev-charging-network-500000-stations/

Unfortunately, TPGY will not be able to find a better company than EVBox. I only invested into it because of EVBox and since the deal is squashed, so are my remaining shares. Cut my losses and moved on.... Too bad since this investment had huge upsides in the next few years.

Anyone whom is still in it for the long haul, I wish you luck and hope TPGY can turn it around for you.

Thanks InPhekTed for keeping us informed with your DD. Good luck and cheers!

Yup, EVBox was going to be a hit if the deal went thru. 9 months to find a new company though or get your $10 back.

Well, that's it.... Looks like the merger was terminated by both parties. Another SPAC bites the dust...

https://news.evbox.com/en-WW/208409-tpg-pace-beneficial-finance-and-evbox-group-mutually-agree-to-terminate-business-combination-agreement

TPGY - From the Aug 6th 8k:

EVBox has to deliver both the 2020 Audit and the Interim Unaudited Financial Statements to TPGY on or before October 22, 2021

TPGY the right to terminate the business combination agreement in its sole discretion at any time during the fifteen business day period following the date on which EVBox Group delivers to TPGY the Interim Unaudited Financial Statements.

Nov 11th is Veterans day so Monday November 15th should be the 15th day after the delivery deadline to cancel the BCA for TPGY.

Looking for news here shortly. GLTA

TPGY - if this deal goes thru it is going to be huge as Biden wants to build a national EV charging system under $2 trillion infrastructure plan

https://www.cnbc.com/2021/03/31/us-ev-charging-system-a-priority-under-bidens-2-trillion-infrastructure-plan.html

EVBox - https://evbox.com

Agreed something happened. Massive buy today.

I think a new merger agreement must have been made and word has leaked out.

TPGY is back up again. Any filings or news

Agreed, merger may be a few months out but IMO with all the date push backs both companies want this merger to happen. Im at a loss and holding believing it will be worth the wait.

I believe EVBOX is better than charge point and with this merger brining evbox into a US company would be huge for the global market as they take over europe and expand into the US. Charge point is at $22

Aug 6th, 2021 8k

https://sec.report/Document/0001193125-21-239447/#d40411d8k.htm

Where did you find this? In a filing?

This will pop on any interviews or stories about the company. EVBox is strong. Just have to buy and wait for merger.

TPGY - At SPAC bottom. Can only go up from here. Recently extended the timeline to get financials from EVBox completed to continue with merger.

TPGY - TPGY and Engie Seller intend to continue negotiations on potential further amendments to the BCA to reflect the ongoing work to develop a revised business plan and financial forecast for EVBox Group. In the event that TPGY and Engie Seller are able to mutually agree on terms for a renegotiated BCA, TPGY and Engie Seller expect to work toward completing the Business Combination in late 2021 or during the first half of 2022.

On August 6, 2021, TPGY, Dutch Holdco, New SPAC, Engie Seller and EVBox Group entered into that certain Third Amendment to the BCA (the “Third Amendment”) pursuant to which, among other things and subject to the terms and conditions contained therein, the parties thereto (i) extended the Outside Date (as defined in the BCA) from August 6, 2021 to December 31, 2021...

evobox hired 'External Reporting Specialist' - "SEC"
https://evbox.com/en/about/careers/job?gh_jid=4521720003
lets see what is showing up next

The only thing I know of is Light Street Capital Management, LLC (hedge fund type) increased their stake purchasing more shares on the 7 & 9 Jul (price range 12.8 to 13.31). Not sure if this means anything and have not really found anything positive is the delay of this merger...could be the SPAC fear since MOST SPACs has tanked since merging.

Here's the most recent thought/article on this deal published on 3 Jun...link below.


"On June 1, TPGY pushed the outside date to Aug. 6 from June 8. EVBox also gave TPGY the right to terminate the agreement at any time during the 15 business days following the date on which EVBox delivers the audited financial statements for 2020 to TPGY. The SPAC can also terminate the agreement if the company doesn't deliver the audited statements by the outside date."

https://marketrealist.com/p/is-tpgy-stock-evbox-merger-confirmed/

Gaining some traction. Has anyone heard news? I haven't found any updates. Looking good though. Looking forward to a successful EV Box merger but hasn't looked good recently. Fixing filings from different formats and currencies is a bit challenging. GLTA let's continue the climb.

Delayed until EVBox finishes their Financials which they say will take some time. Holding and hoping the SPAC deal holds thru. Good Luck to All.

TPGY... Not much talk here, even less excitement.
Hope the stock fares better.

TPGY -

"There is currently significant uncertainty regarding whether the Proposed Business Combination will ultimately be completed on the terms currently contemplated or at all. We were recently informed that the completion of the audited financial statements of EVBox Group as of and for the year ended December 31, 2020 (the "2020 EVBox Group Financials"), which would be required to be filed in the Registration Statement on Form F-4 relating to the Proposed Business Combination (the "Registration Statement") prior to its effectiveness, will take significantly longer than previously anticipated. Engie Seller has recently confirmed to us that further review of certain accounting matters is necessary. As of the date of this Annual Report on Form 10-K/A there is no certainty regarding the timing or nature of a resolution of such matters or timing for finalizing the 2020 EVBox Group Financials. As a result of the delay in the 2020 EVBox Group Financials, we currently expect that certain material conditions to closing, including among others, the effectiveness of the Registration Statement and the approval of the Proposed Business Combination by our stockholders, will not be met as of the Outside Date."

https://www.marketscreener.com/news/latest/TPG-PACE-BENEFICIAL-FINANCE-CORP-10-K-A-Management-s-Discussion-and-Analysis-of-Financial-Condi--33282975/

https://seekingalpha.com/article/4414950-look-listed-electric-bus-sector-biden-moves-to-electrify-america

TPGY - Another promotion article with good news.

https://investorplace.com/2021/04/anticipate-a-promising-ev-niche-merger-with-tpgy-stock/

TPGY - https://investorplace.com/2021/04/tpgy-stock-is-worth-147-more-at-44-61-based-on-a-comp-with-chpt-stock/

It appears June 2021.

Great rebound here the last two days.

EVBox Group Partners With Energy Solutions Provider Aetna Corp. to Expand Electric Vehicle Charging in New England, Mid-Atlantic and Beyond

https://www.businesswire.com/news/home/20210318005486/en/

The future is EV's and so as more people are on the road driving they will need a place to charge them. EvBox already has charging stations across Europe.

A bit late but https://www.cnbc.com/2021/01/25/cramer-favors-evbox-among-spac-deals-for-electric-vehicle-charging-station-companies.html

March is almost here. EVBox is projected to be trading under it's new ticker late Q3 2021.

OK... got it, TY! Neal

I am in no position to tell you what you should or should not buy. I do not own warrants. If this has crazy price action north on the first 2 weeks of it trading as EVBox then I plan on selling a majority of my position in that time frame. Else I will stick around for a while as electric vehicles become more abundant there will be a growing need to charge them. GL Neal

stock @27--- should I get the warrants? Thanks, Neal 212-666-6217 NY NY

TPGY Correct. My experience with SPACs this past year is they spike on initial news of the spac then slowly drop for the next (about 3) months and then they spike on completion. EV market is the future and this stock also has long term growth potential as well IMO. Are you purchasing stock or warrants?

Thanks! I am told buying manana is OK too... :)

Welcome aboard! Today was a great day here. Yesterday would have been a solid entry. SPAC should be completed here next month or March. Good Luck

BUYING

TPGY - EVBox, an EV charging leader in Europe, will merge with a SPAC TPGY.

ABOUT EVBOX

EVBox is the leading global manufacturer of electric vehicle charging stations and charging management software. With an installed base of over 85,000 charging points across more than 55 countries worldwide, EVBox drives sustainable mobility, by bringing durable electric vehicle charging solutions to the world. Since March 2017, EVBox is a part of ENGIE. In 2018, EVBox acquired ultra-fast charging station manufacturer EVTronic.