15
Jun
19:46
Solid Power to go public in $1.2 billion deal
US-based solid-state batteries manufacturer Solid Power is going public through a combination with a special purpose acquisition company (SPAC), the company announced on Tuesday.
Under the transaction expected to close in Q4 2021, Solid Power will merge with Riverstone Holdings’ Decarbonisation Plus Acquisition Corporation III (DCRC). The deal will generate $600 million in cash proceeds to Solid Power, which will be used to fund operations and support its g…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous