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 - Class A (DCRC)
Company Research
Source: PR Newswire
LOUISVILLE, Colo. and MENLO PARK, Calif., June 15, 2021 /PRNewswire/ -- Solid Power, Inc. ("Solid Power"), an industry-leading producer of all-solid-state batteries for electric vehicles, and Decarbonization Plus Acquisition Corporation III ("DCRC") (NASDAQ: DCRC) today announced a definitive agreement for a business combination that would result in Solid Power becoming a publicly listed company. Upon closing of the transaction, the combined company will be named "Solid Power, Inc." and its common stock and warrants are expected to trade on NASDAQ under the new ticker symbol "SLDP" and "SLDP WS," respectively. Upon closing, Solid Power is expected to have a nine-person board composed of a majority of independent directors and will continue to be led by Solid Power's existing management team, which brings deep technological and manufacturing experience.With eight years of technology development and three years of manufacturing development, Solid Power has been working to deliver on one
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