Tech and Energy Transition Corporation announced the pricing of its upsized $385 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TETCU,” Wednesday, March 17.
The new company aims to combine with a target using disruptive technology to build or manage businesses and infrastructure undergoing transformation. Tech and Energy is led by Executive Chairman Dan Hesse, CEO and President John Spirtos, Energy CIO Greg Callman, CFO Stephan Feilhauer, and Chief Legal Counsel and Company Secretary Gautham Srinivas.
Total SPAC deal count for 2021 year-to-date is now 264. This offering is expected to close on Friday, March 19.
Citigroup Global Markets Inc.. and BofA Securities, Inc. are serving as the book-running managers for this offering. Skadden, Arps, Slate, Meagher & Flom LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....
At the SPAC of Dawn In a trading session that may find itself built around the release of Fed minutes at 2 pm ET this afternoon, a pair of SPAC targets have added their own fresh information to the mix. Enterprise AI firm Fusemachines, which has a pending combination with CSLM (OTC:CSLMF), put out a...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) announced the pricing of its $152 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GTERU”, Wednesday, July 9, 2025. The new SPAC plans to mount a search for a target in the agriculture, agtech or biotech sectors with an emphasis on water...