Decarbonization Plus Acquisition Corporation II Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing March 29, 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
BALA CYNWYD, PA / ACCESSWIRE / February 9, 2021 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of decarbonization Plus Acquisition Corporation ("DCRB" or the "Company") (NASDAQ:DCRB) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which DCRB, a special purpose acquisition company, will combine with Hyzon Motors Inc. ("Hyzon"), an industry-leading global supplier of zero-emissions hydrogen fuel cell-powered commercial vehicles, and result in Hyzon becoming a publicly-listed company.
Hyzon Motors, the Leading Hydrogen Fuel Cell Heavy Vehicle Company, Announces Business Combination with Decarbonization Plus Acquisition Corporation; Combined Company Expected to be Listed on Nasdaq
- Transaction to provide gross proceeds of up to approximately $626 million to the company, including a $400 million fully committed common stock PIPE at $10 per share, anchored by existing and new investors, including funds and accounts managed by BlackRock, the Federated Hermes Kaufmann Funds, Fidelity Management & Research Company LLC, Wellington Management and Riverstone Energy Limited
- Proceeds to fully fund and accelerate Hyzon s well-defined growth strategy in the hydrogen fuel cell-powered, zero-emission commercial transportation sector
Decarbonization Plus Acquisition Corporation II Completes Initial Public Offering
- Will seek to identify an innovative company working to decarbonize critical carbon-intensive industries
- Furthers Riverstone s leadership in low-carbon investments, having established industry-leading, scaled companies with more than $5 billion of equity invested, including $1.6 billion of newly raised capital in the past year
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MENLO PARK, Calif., Feb. 8, 2021 /PRNewswire/ Decarbonization Plus Acquisition Corporation II (the Company ), a blank check company sponsored by an affiliate of Riverstone Holdings LLC ( Riverstone ), today announced the closing of its initial public offering ( IPO ) of 40,250,000 units (including the full exercise of the underwriters option to purchase an additional 5,250,000 units) at a price of $10.00 per unit. The Company s units began trading on the Nasdaq Capital Market ( NASDAQ ) under the ticker symbol DC