Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. )*

 

 

 

Tailwind International Acquisition Corp.
(Name of Issuer)

 

Class A ordinary shares
(Title of Class of Securities)

 

G8662F101
(CUSIP Number)

 

December 31, 2021
(Date of Event Which Requires Filing of this Statement)

 

 

 

Check the Appropriate Box to Designate the Rule Pursuant to Which this Schedule Is Filed:

 

¨      Rule 13d-1(b)

 

¨      Rule 13d-1(c)

 

x      Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

1.

Names of Reporting Persons

 

Tailwind International Sponsor LLC

2.

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨          (b) ¨

3. SEC Use Only
4.

Citizenship or Place of Organization

 

Cayman Islands

Number of Shares
Beneficially Owned
By Each Reporting
Person With
5.

Sole Voting Power

 

0

6.

Shared Voting Power

 

15,091,666(1)

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

15,091,666(1)

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

15,091,666(1)

10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares          ¨
11.

Percent of Class Represented By Amount in Row (9)

 

30.43%(2)

12.

Type of Reporting Person (See Instructions)

 

OO

 

(1) Represents (i) 8,625,000 Class B ordinary shares convertible into Class A ordinary shares on a one-for-one basis (“Class B ordinary shares”) and (ii) 6,466,666 private placement warrants, each exercisable to purchase one Class A ordinary share at $11.50 per share, which will become exercisable on the later of 30 days after the completion of the Issuer’s initial business combination and twelve months from the close of the Issuer’s initial public offering, consummated on February 23, 2021 (“Private Placement Warrants”).

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(2) Calculated based on (i) 34,500,000 Class A ordinary shares outstanding as of January 27, 2022, as reported on the Issuer’s amended Quarterly Report on Form 10-Q/A filed January 28, 2022 and (ii) 15,091,666 Class A ordinary shares issuable in respect of Class B ordinary shares and Private Placement Warrants.

 

 

 

 

1.

Names of Reporting Persons

 

Philip Krim

2.

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨          (b) ¨

3. SEC Use Only
4.

Citizenship or Place of Organization

 

United States

Number of Shares
Beneficially Owned
By Each Reporting
Person With
5.

Sole Voting Power

 

0

6.

Shared Voting Power

 

15,091,666(1)

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

15,091,666(1)

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

15,091,666(1)

10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares          ¨
11.

Percent of Class Represented By Amount in Row (9)

 

30.43%(2)

12.

Type of Reporting Person (See Instructions)

 

IN

 

(1) Represents (i) 8,625,000 Class A ordinary shares issuable in respect of Class B ordinary shares and (ii) 6,466,666 Class A ordinary shares issuable in respect of Private Placement Warrants.

 

(2) Calculated based on (i) 34,500,000 Class A ordinary shares outstanding as of January 27, 2022, as reported on the Issuer’s amended Quarterly Report on Form 10-Q/A filed January 28, 2022 and (ii) 15,091,666 Class A ordinary shares issuable in respect of Class B ordinary shares and Private Placement Warrants.

 

 

 

 

1.

Names of Reporting Persons

 

Tommy Stadlen

2.

Check The Appropriate Box if a Member of a Group (See Instructions)

 

(a)  ¨          (b) ¨

3. SEC Use Only
4.

Citizenship or Place of Organization

 

United Kingdom

Number of Shares
Beneficially Owned
By Each Reporting
Person With
5.

Sole Voting Power

 

0

6.

Shared Voting Power

 

15,091,666(1)

7.

Sole Dispositive Power

 

0

8.

Shared Dispositive Power

 

15,091,666(1)

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

15,091,666(1)

10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares          ¨
11.

Percent of Class Represented By Amount in Row (9)

 

30.43%(2)

12.

Type of Reporting Person (See Instructions)

 

IN

 

(1) Represents (i) 8,625,000 Class A ordinary shares issuable in respect of Class B ordinary shares and (ii) 6,466,666 Class A ordinary shares issuable in respect of Private Placement Warrants.

 

(2) Calculated based on (i) 34,500,000 Class A ordinary shares outstanding as of January 27, 2022, as reported on the Issuer’s amended Quarterly Report on Form 10-Q/A filed January 28, 2022 and (ii) 15,091,666 Class A ordinary shares issuable in respect of Class B ordinary shares and Private Placement Warrants.

 

 

 

 

Item 1(a). Name of Issuer
   
  Tailwind International Acquisition Corp.  
   
Item 1(b). Address of the Issuer’s Principal Executive Offices
   
 

150 Greenwich Street, 29th Floor

New York, NY 10006

   
Item 2(a). Names of Persons Filing
   
 

This statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):

(i)        Tailwind International Sponsor LLC

(ii)       Philip Krim

(iii)      Tommy Stadlen

   
Item 2(b). Address of the Principal Business Office, or if none, Residence:
   
 

150 Greenwich Street, 29th Floor

New York, NY 10006

   
Item 2(c). Citizenship
   
  See responses to Item 4 on each cover page.
   
Item 2(d). Title of Class of Securities
   
  Class A ordinary shares
   
Item 2(e). CUSIP Number
   
  G8662F101
   
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a(n):
   
  Not Applicable.
   
Item 4.

Ownership

(a)         Amount beneficially owned:

      See responses to Item 9 on each cover page.

(b)         Percent of Class:

      See responses to Item 11 on each cover page.

(c)          Number of shares as to which the Reporting Person has:

(i)             Sole power to vote or to direct the vote:

See responses to Item 5 on each cover page.

(ii)            Shared power to vote or to direct the vote:

See responses to Item 6 on each cover page.

(iii)           Sole power to dispose or to direct the disposition of:

See responses to Item 7 on each cover page.

(iv)           Shared power to dispose or to direct the disposition of:

See responses to Item 8 on each cover page.

 

 

 

 

  Tailwind International Sponsor LLC directly holds 8,625,000 Class B ordinary shares convertible to Class A ordinary shares and 6,466,666 Private Placement Warrants exercisable to purchase Class A ordinary shares, which will become exercisable on the later of 30 days after closing of the Issuer’s intial business combination and twelve months from the close of the Issuer’s initial public offering, consummated on February 23, 2021. 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. This Statement shall not be construed as an admission that any Reporting Person is the beneficial owner of any securities covered by this Statement.
   
Item 5. Ownership of Five Percent or Less of a Class
   
  Not Applicable.
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
  Not Applicable.
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
   
  Not Applicable.
   
Item 8. Identification and Classification of Members of the Group
   
  Not Applicable.
   
Item 9. Notice of Dissolution of Group
   
  Not Applicable.
   
Item 10. Certification
   
  Not Applicable.

 

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 8, 2022

 

  Tailwind International Sponsor LLC
     
  By: /s/ Philip Krim
  Name: Philip Krim
  Title: Authorized Signatory
     
  /s/ Philip Krim
  Philip Krim
     
  /s/ Tommy Stadlen
  Tommy Stadlen

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Joint Filing Agreement, dated as of February 8, 2022 by and among Tailwind International Sponsor, LLC, Philip Krim and Tommy Stadlen