Merger TPGY.U

TPG Pace Beneficial Finance and EVBox Group Mutually Agree to Terminate Business Combination Agreement

, BusinessWire

TPG Pace Beneficial Finance Corp. (NYSE: TPGY), and EVBox Group, today announced that they have mutually agreed to terminate their previously announced business combination agreement, effective immediately.

TPG Pace intends to continue to pursue the consummation of a business combination with an appropriate target. With the agreement terminated, TPG Pace and EVBox Group may (but are not required to) continue to discuss a potential business combination transaction involving TPG Pace and EVBox Group.

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