Power & Digital Infrastructure Acquisition II Corp. (XPDB) and Montana Technologies Exceed $50 Million in Private Capital Commitments, Led by Carrier and Rice Investment Group, Expected to...
Power & Digital Infrastructure Acquisition II Corp. (XPDB)
Company Research
Source: Acquire Media Monitor
Parties Will Leverage a Global Supply Agreement With BASF, One of the World's Largest Chemical Companies and Manufacturer of Adsorbent Material at Scale, and Strategic Partnerships with CATL, the U.S. Department of Energy, and the Rice Investment Group RONAN, Mont. March 4, 2024 /PRNewswire/ -- Montana Technologies LLC (" Montana ") today announced the execution of commitments by third parties to invest in excess of $50 million led by Carrier and Rice Investment Group. The private capital commitments are expected to satisfy the minimum cash condition and clear the way for Montana's planned business combination with Power & Digital Infrastructure Acquisition II Corp. (NASDAQ: XPDB, XPDBU, XPDBW), which is currently scheduled for March 12 th "We are incredibly fortunate to have financial backing from, and industrial partnerships with, GE Vernova Carrier , BASF, CATL, and the Rice Family ," said Matt Jore , CEO of Montana . "Their combined support and technical expertise will help s
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News
- GE Vernova and Montana Technologies Close Joint Venture to Manufacture Transformational Air Conditioning and Atmospheric Water Harvesting Products [Yahoo! Finance]Yahoo! Finance
- GE Vernova and Montana Technologies Close Joint Venture to Manufacture Transformational Air Conditioning and Atmospheric Water Harvesting ProductsPR Newswire
- Power & Digital Infrastructure Acquisition II Corp. (XPDB) and Montana Technologies Exceed $50 Million in Private Capital Commitments, Led by Carrier and Rice Investment Group, Expected to Satisfy Minimum Cash Condition and Clears the Way for Montana's PPR Newswire
- Montana Technologies Announces Investment From Rice Investment GroupPR Newswire
XPDB
Sec Filings
- 3/14/24 - Form 425
- 3/14/24 - Form 8-K
- 3/14/24 - Form 25-NSE
- XPDB's page on the SEC website