Battery maker Solid Power to go public via $1.2 bln SPAC deal

Solid Power

15/06/2021 11:41

June 15 (Reuters) - Solid Power Inc, a battery maker for
electric vehicles backed by Ford Motor Co  F.N  and BMW
 BMWG.DE , said on Tuesday it will go public through a merger
with a blank-check firm in a deal valuing the combined entity at
around $1.2 billion. 

 (Reporting by Sohini Podder in Bengaluru; Editing by
Ramakrishnan M.)
 ((sohini.podder@thomsonreuters.com;))