Tishman Speyer Innovation Corp. II, a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, announced that on February 17, 2021 it closed its upsized initial public offering of 30,000,000 units at $10.00 per unit, for aggregate gross proceeds of $300 million. Each unit consists of one share of common stock and one-fifth of one redeemable warrant.

The Company's units are listed and trade on the Nasdaq Capital Market under the symbol "TSIBU". BofA Securities and Allen & Company LLC acted as joint book-running managers for the offering.

The sponsor of the Company is Tishman Speyer Innovation Sponsor II, L.L.C., an affiliate of Tishman Speyer Properties, L.P. ("Tishman Speyer"), a leading owner, developer, operator and investment manager of first-class real estate in 28 key markets across the United States, Europe, Asia and Latin America.

About Tishman Speyer Innovation Corp. II

Tishman Speyer Innovation Corp. II, a Delaware corporation, is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The sponsor of Tishman Speyer Innovation Corp. II is Tishman Speyer Innovation Sponsor II, L.L.C., an affiliate of Tishman Speyer, a leading owner, developer, operator and investment manager of first-class real estate in 28 key markets across the United States, Europe, Asia and Latin America. With global vision, on-the-ground expertise and a personalized approach, Tishman Speyer is able to foster innovation, quickly adapt to global and local trends and proactively anticipate its customers' evolving needs. By focusing on health and wellness, enlightened placemaking and customer-focused initiatives such as its tenant amenities platform, ZO., and its flexible space and co-working brand, Studio, Tishman Speyer tends not just to its physical buildings, but to the people who inhabit them on a daily basis.