Tailwind Acquisition Corp. announced that it has entered into agreement for a private placement of 5,750,000 warrants at a price of $1 per warrant for gross proceeds of $5,750,000 on September 8, 2020. The transaction will include participation from SKG Sponsor LLC. Each warrant entitles the holder to purchase one common share at a price of $11.50 per share, subject to adjustment. The warrants to be issued in the transaction are subject to hold period of 30 days after the completion of initial business combination.