Power & Digital Infrastructure Acquisition II Corp. (XPDB) Announces Closing of Business Combination with Montana Technologies LLC [Yahoo! Finance]
Power & Digital Infrastructure Acquisition II Corp. - Unit (XPDBU)
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Source: Yahoo! Finance
Combination to Fuel Launch of Recently Announced Joint Venture Between GE Vernova and Montana Technologies to Commercialize AirJoule ® Technology for Atmospheric Water Generation and Carrier Air Conditioning Products Montana Technologies Corporation Will Commence Trading on NASDAQ Under the Symbols "AIRJ" and "AIRJW", Respectively CHICAGO and RONAN, Mont., March 14, 2024 /PRNewswire/ -- Power & Digital Infrastructure Acquisition II Corp. ("XPDB") (NASDAQ: XPDB, XPDBW, XPDBU), a special purpose acquisition company focused on the renewable and transition energy sectors, today announced closing of its business combination with Montana Technologies LLC (" Montana "), the inventor of AirJoule® -- a transformational renewable energy and cooling technology. XPDB and Montana Technologies LLC exceeded the $50 million target minimum cash condition by securing private investments from Carrier Corporation , the Rice Investment Group , and GE Vernova , among other third parties. The minimum
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