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Tailwind Capital closes IPO

Tailwind Capital Corp. completed its initial public offering, raising gross proceeds of C$200,000.

The shares are listed on the the TSX Venture Exchange. Trading was halted but is expected to resume on or about May 18.

PI Financial Corp. served as agent for the offering.

Tailwind Capital is a capital pool company and has no commercial operations and no assets other than cash. It seeks to identify or evaluate businesses or assets with a view to completing a proposed qualifying transaction.