Voltus Reportedly Going Public In SPAC Deal With $1.3 Billion Valuation [TheStreet.com]
Airbnb, Inc. - Class A (ABNB)
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Source: TheStreet.com
Voltus Inc., an electricity-market technology startup that helps manage small, decentralized electricity systems, is going public by combining with a special-purpose acquisition company in a merger that values the company at about $1.3 billion. You have read your maximum number of free articles. Please login to continue reading. * Use of this site constitutes acceptance of our and. The Wall Street Journal reported Wednesday that Voltus is merging with the SPAC Broadscale Acquisition Corp., one of numerous so-called ‘blank-check’ firms focused on environmental, social and governance -- or ESG -- efforts. Voltus differs from other ESG-focused companies in that it partners with existing grid operators in the U.S. and Canada to connect what it calls distributed energy resources, or DERs, to larger markets – similar to how Airbnb connects homeowners looking to rent their properties with people looking for a short-term place to stay. San Francisco-based Voltus also makes each DER a fi
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ABNB
Earnings
- 2/13/24 - Miss
ABNB
Sec Filings
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- 4/18/24 - Form 4
- ABNB's page on the SEC website