VFBATTERY REPORT
Industry

Investment

Page 28 · 4 of 6
Battery Report 2020, page 28: Investment

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  1. https://twitter.com/MrDarkghost/status/1346383672992260097/photo/1
Text on page 28

Investment: The Rise of SPACs A fastpass for cleantech companies to IPO SPAC: special purpose acquisition company. A financial vehicle for mid-late stage, often pre-revenue cleantech companies to gain access to public markets EV and battery companies are relying on SPACs as a new funding mechanism to satisfy their large capital needs without meeting the traditional metrics for an IPO

*Source: Joeyzunn

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