TCW Special Purpose Acquisition Corp. Appoints Nanxi Liu to Board of Directors

LOS ANGELES--(BUSINESS WIRE)--TCW Special Purpose Acquisition Corp. (NYSE: TSPQ), a $464 million blank check company sponsored by The TCW Group, Inc. (“TCW”), announced that it has appointed Nanxi Liu to the Company’s Board of Directors.

Since April 2021, Ms. Liu has served on the TCW Special Purpose Acquisition Corporation’s Advisory Board. She is the Co-Founder and Co-CEO of Blaze Technology, a no-code platform that enables teams to build web applications and internal tools. Ms. Liu co-founded and served as CEO of Enplug, a leading digital signage software company used by Fortune 500 companies, until it was acquired in 2021. She previously co-founded Nanoly Bioscience, a venture-backed biotech company that develops polymers that eliminate the need of refrigeration for vaccines and therapeutics.

Ms. Liu serves on the Board of Directors of CarParts.com (NASDAQ: PRTS), a leading online provider of automotive parts and accessories, and served on the Board of Directors of Kindred Biosciences (NASDAQ: KIN), a leading biopharmaceutical company for pets, until it was acquired by Elanco Animal Health (NYSE: ELAN). She serves on the Board of Advisors for Covington Capital Management and is a Partner at XFactor Ventures, a leading investor in women-founded startups. Ms. Liu was named one of Forbes 30 Under 30 (in 2016) and Fortune’s 10 Most Promising Women Entrepreneurs (in 2015).

“For the past 18 months, we have benefited from Nanxi’s advice and guidance as a member of our Advisory Board, and we are pleased to now welcome her as a new member of the Board of Directors,” said Joseph R. Shaposhnik, TCW Special Purpose Acquisition Corp. Chairman and CEO. “She is a highly successful technology entrepreneur and brings a unique perspective to the leaders of businesses and our impressive team of advisors and directors.”

TCW Special Purpose Acquisition Corp. intends to identify, merge with and take public a durable and predictable business well positioned to deliver superior revenue growth. Its management is associated with TCW’s New America Premier business unit, which was established by Mr. Shaposhnik in 2015.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.

About TCW Special Purpose Acquisition Corp.

TCW Special Purpose Acquisition Corp. (the “Company”), a Delaware corporation, is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a private company. The Company is sponsored by The TCW Group, Inc., a leading global investment management firm with approximately $220 billion of assets under management. For more information please visit www.tcwspac.com.