Item 8.01 Other Events.
As previously disclosed, on March 29, 2021, in connection with the initial
public offering of two (the "Company"), the Company's sponsor, two sponsor (the
"Sponsor"), purchased 600,000 shares of the Company's Class A ordinary shares,
par value $0.0001 per share ("Class A Ordinary Shares"), of the Company in a
private placement and on April 13, 2021, purchased an additional 28,750 Class A
Ordinary Shares (collectively, the "Private Placement Shares"), in each case, at
a price of $10.00 per share.
On December 30, 2022, the Sponsor unconditionally and irrevocably forfeited all
628,750 Private Placement Shares to the Company for no value and the Company
cancelled the Private Placement Shares effective as of the same date. The
Sponsor continues to own 5,254,375 Class B ordinary shares, par value $0.0001,
of the Company.
The information in this Current Report on Form 8-K, shall not be deemed "filed"
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended
(the "Exchange Act") or otherwise subject to the liabilities of that section,
nor shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act, except as expressly
set forth by specific reference in such a filing.
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