Cannae holdings, inc. announces $50 million new investment in qomplx, inc. and tailwind acquisition corp. merger

Las vegas--(business wire)--cannae holdings, inc. (nyse:cnne) (“cannae” or the “company”) today announced that the company, in conjunction with the announced qomplx and tailwind acquisition corp. (nyse: twnd) merger, intends to invest $50 million in the newly combined entity, including $37.5 million as part of a private investment in public equity (“pipe”) for 3,750,000 shares of twnd in addition to 835,539 founder shares, and $12.5 million into a convertible promissory note (the “note”). the n
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