Two, LatAm Logistic Properties announce $15M equity investment at $10 per share

two announced that it has entered into a subscription agreement for a private placement of 1.5 million ordinary shares at a price of $10.00 per share, which is expected to yield gross proceeds of $15 million, to be consummated in connection with the closing of its business combination with LatAm Logistic Properties S.A. In the business combination, each of LLP and TWOA will merge with newly-formed subsidiaries of Logistic Properties of the Americas, a newly-formed holding company, and Pubco will be the publicly traded parent company of each of TWOA and LLP following the consummation of the business combination. “As a leading industrial and logistics real estate company in Central and South America, LLP continues to demonstrate the platform value of vertically integrated development, ownership, and management of institutional quality, class A industrial real estate,” said Thomas Hennessy, Chairman and CEO of TWOA. “This investment affirms that institutional investors recognize this value and have strong conviction in LLP’s management. As we approach the final stages of closing on this important transaction, this common equity investment will support the growth plan to drive value for our stakeholders.”