Brief: Solid Power, Industry-Leading All-Solid-State Battery Producer, To List On Nasdaq Through Merger With Decarbonization Plus Acquisition Corporation Iii

Solid Power

15/06/2021 11:59

June 15 (Reuters) - Decarbonization Plus Acquisition
Corporation III  DCRC.O :
    * SOLID POWER, INDUSTRY-LEADING ALL-SOLID-STATE BATTERY
PRODUCER,
TO LIST ON NASDAQ THROUGH MERGER WITH DECARBONIZATION PLUS
ACQUISITION CORPORATION III
    * DECARBONIZATION PLUS ACQUISITION CORPORATION III - PRO
FORMA
IMPLIED ENTERPRISE VALUE OF COMBINED COMPANY IS APPROXIMATELY
$1.2 BILLION
    * DECARBONIZATION PLUS ACQUISITION CORPORATION III - UPON
CLOSING,
COMBINED COMPANY IS EXPECTED TO LIST ON NASDAQ UNDER TICKER
SYMBOL "SLDP"
    * DECARBONIZATION PLUS ACQUISITION CORPORATION III - UPON
CLOSING
OF DEAL, SOLID POWER IS EXPECTED TO HAVE APPROXIMATELY $600
MILLION IN CASH
    * DECARBONIZATION PLUS ACQUISITION CORP III - SOLID POWER TO
HAVE
ABOUT $600 MILLION IN CASH, INCLUDING A $165 MILLION FULLY
COMMITTED PIPE DEAL
    * DECARBONIZATION PLUS ACQUISITION CORPORATION III - PIPE
DEAL
ANCHORED BY INVESTORS KOCH STRATEGIC PLATFORMS, RIVERSTONE
ENERGY LIMITED
    * DECARBONIZATION PLUS ACQUISITION CORPORATION III -  PIPE
DEAL
ANCHORED BY NEUBERGER BERMAN FUNDS AND VAN ECK ASSOCIATES
CORPORATION

Source text for Eikon:  ID:nPn83XcZwa 
Further company coverage:  DCRC.O 

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