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TPG Pace Solutions Corp. Announces Delisting From NYSE in Connection With Closing of Vacasa Business Combination

TPG Pace Solutions Corp. (“TPG Pace Solutions”) (NYSE: TPGS), a publicly traded special purpose acquisition company, announced that, in connection with the closing of the previously announced business combination with Vacasa Holdings LLC, expected to occur on December 6, 2021, it intends to delist from the New York Stock Exchange (the “NYSE”), following which the shares of Class A common stock of Vacasa, Inc., the surviving company, are expected to trade on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “VCSA” beginning on December 7, 2021. The Nasdaq listing and NYSE delisting are subject to the closing of the business combination and fulfillment of all Nasdaq listing requirements. The closing of the business combination is subject to the approval of TPG Pace Solutions shareholders and the satisfaction of other customary closing conditions.

About Vacasa

Vacasa is the leading vacation rental management platform in North America, transforming the vacation rental experience from inefficient and inconsistent, to reliable and technology-forward. Vacasa’s integrated technology and operations helps optimize vacation home care and income for homeowners, offers guests a seamless and consistent stay, and provides distribution partners with highly valuable vacation rental supply. The Company’s marketplace enables guests to search, discover and book properties on Vacasa.com and the Vacasa Guest App, as well as 100+ channel partners, including Airbnb, Booking.com and Vrbo.

Vacasa helps homeowners drive significant incremental income on one of their most valuable assets and turn their vacation homes into high-performing vacation rentals. Guests staying in Vacasa-listed properties in over 400 destinations across North America, Belize and Costa Rica, benefit from the peace of mind that their experience will meet high standards of safety, cleanliness, comfort and support.

For more information, visit https://www.vacasa.com/press.

About TPG

TPG is a leading global alternative asset firm founded in San Francisco in 1992 with $108 billion of assets under management and investment and operational teams in 12 offices globally. TPG invests across five multi-product platforms: Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com or @TPG on Twitter.

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Nachrichtenquelle: Business Wire (engl.)
27.11.2021, 02:15  |  110   |   |   

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TPG Pace Solutions Corp. Announces Delisting From NYSE in Connection With Closing of Vacasa Business Combination TPG Pace Solutions Corp. (“TPG Pace Solutions”) (NYSE: TPGS), a publicly traded special purpose acquisition company, announced that, in connection with the closing of the previously announced business combination with Vacasa Holdings LLC, expected …

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