TS Innovation Acquisitions Corp.: management transactions · United States · SEC (Form 4)

About TS Innovation Acquisitions Corp.

TS Innovation Acquisitions Corp., listed in the United States on the NASDAQ under ticker LTCH after completing its business combination with Latch, should now be understood primarily as the public-market vehicle that carried Latch to the stock exchange rather than as a stand-alone operating business. The original SPAC was incorporated in Delaware in September 2020 and sponsored by Tishman Speyer, the global real estate owner/operator. Its stated purpose was the classic SPAC mandate: to merge with, acquire, or otherwise combine with a target company. In practice, this structure enabled Latch to become public and eventually trade on the NASDAQ under LTCH. ([stocklight.com](https://stocklight.com/stocks/us/nasdaq-ltch/latch/annual-reports/nasdaq-ltch-2021-10K-21747057.pdf?utm_source=openai)) For investors, the relevant operating story behind LTCH is the proptech and smart-building platform built by Latch. Latch describes itself as a provider of full-building enterprise SaaS, originally centered on LatchOS, a software and hardware platform designed to improve how residents, guests, deliveries, and property managers interact with buildings. Its core product set has focused on smart access, guest and delivery management, connected services, and personalization tools for multifamily and commercial properties. That places the company at the intersection of software, IoT-enabled access control, and real-estate workflow digitization. ([prnewswire.com](https://www.prnewswire.com/news-releases/latch-maker-of-full-building-enterprise-saas-platform-latchos-to-merge-with-tishman-speyer-sponsored-spac-and-become-publicly-listed-company-301213873.html?utm_source=openai)) Latch was founded in 2014 and is based in New York, New York, United States. Historically, management emphasized a North American footprint and said the company served customers across more than 35 U.S. states, which gives it a meaningful geographic presence in its core market even if its international penetration has been more limited. The merger with TS Innovation Acquisitions Corp. closed in June 2021, at which point the company’s common stock began trading on the NASDAQ under LTCH. ([prnewswire.com](https://www.prnewswire.com/news-releases/latch-maker-of-full-building-enterprise-saas-platform-latchos-to-merge-with-tishman-speyer-sponsored-spac-and-become-publicly-listed-company-301213873.html?utm_source=openai)) From a competitive standpoint, LTCH operates in a crowded but still evolving smart-building market. Its differentiator has been the ambition to offer a building-wide operating system rather than a point solution: the value proposition is to make the building a more seamless digital environment for residents and owners while generating recurring software revenue. The challenge is execution—winning adoption from developers and property owners, retaining customers, and competing against established access-control providers, smart-home vendors, and broader property-technology platforms. ([globenewswire.com](https://www.globenewswire.com/news-release/2021/06/07/2242681/0/en/latch-completes-business-combination-with-ts-innovation-acquisitions-corp-to-become-publicly-traded-company.html?utm_source=openai)) A notable recent development is the company’s 2026 rebrand to DOOR, while still filing reports and being tracked by investors under LTCH. That suggests an ongoing commercial repositioning and a push to refresh its market identity. The name change also matters for investors following SEC reporting and Form 4 insider activity, because it highlights a company that remains in transition and continues to attract attention on governance, strategy, and capital structure. ([nasdaq.com](https://www.nasdaq.com/press-release/latch-now-door-files-2025-annual-report-and-provides-financial-update-2026-03-31?utm_source=openai))