Solid Power — all-solid-state battery (sulfide solid electrolyte technology); 50-75% energy density increase vs Li-ion
Solid Power completed business combination with Decarbonization Plus Acquisition III. Stockholder approval December 7 (99.9% in favor; 0.6% redemption); closed December 8, 2021. NASDAQ SLDP/SLDPW from December 9, 2021. ~$542.9M gross proceeds incl. $195M PIPE. Investors include BMW and Ford. Sulfide solid electrolyte battery for EVs.
$1.20B
Deal Value
Storage
Technology
CO
Location
Deal Details
- Deal Type
- SPAC Merger
- Seller / Sponsor
- Solid Power Inc.
- Buyer / Financier
- Decarbonization Plus Acquisition Corporation III (DCRC)
- Deal Value
- $1.2B (deal value)
- Stage
- Pre-commercial
- ISO/RTO
- WECC
- Source
- GlobeNewswire
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