TPG Pace Beneficial Finance Corp (TPGY)

[InPhekTed]

TPGY -

"There is currently significant uncertainty regarding whether the Proposed Business Combination will ultimately be completed on the terms currently contemplated or at all. We were recently informed that the completion of the audited financial statements of EVBox Group as of and for the year ended December 31, 2020 (the "2020 EVBox Group Financials"), which would be required to be filed in the Registration Statement on Form F-4 relating to the Proposed Business Combination (the "Registration Statement") prior to its effectiveness, will take significantly longer than previously anticipated. Engie Seller has recently confirmed to us that further review of certain accounting matters is necessary. As of the date of this Annual Report on Form 10-K/A there is no certainty regarding the timing or nature of a resolution of such matters or timing for finalizing the 2020 EVBox Group Financials. As a result of the delay in the 2020 EVBox Group Financials, we currently expect that certain material conditions to closing, including among others, the effectiveness of the Registration Statement and the approval of the Proposed Business Combination by our stockholders, will not be met as of the Outside Date."

https://www.marketscreener.com/news/latest/TPG-PACE-BENEFICIAL-FINANCE-CORP-10-K-A-Management-s-Discussion-and-Analysis-of-Financial-Condi--33282975/