Vacasa (VCSA) SPAC Case
On December 6, 2021, Vacasa completed its business combination with TPG Pace Solutions, SPAC.
Since then $VCSA shares lost over 90% of their value.
$TPGS holders have reasons to suspect the Company of misleading about the proposed merger.
On December 6, 2021, Vacasa (NASDAQ: VCSA), a leading vacation rental management platform in North America, announced that it has completed its business combination with TPG Pace Solutions Corp. (NYSE: TPGS), a publicly traded SPAC.
The Business Combination was approved on November 30, 2021, by TPG Pace Solutions’ stockholders.
Vacasa’s Class A common stock began trading on the Nasdaq Global Select Market under the ticker symbol VCSA.
Since commencing of trading of the combined company $VCSA shares lost over 90% of their value, seriously damaging investors.
Taking all representations and further results, $TPGS holders who received $VCSA shares may have reasons to suspect that TPG Pace Solutions Corp. failed to provide correct information to its shareholders before the merger.