VFBATTERY REPORT
Industry

Finance

Page 28 of 304
Battery Report 2023, page 28: Finance

Directory profiles · Battery Business Directory

Organizations mentioned or cited on this 2023 report page. A historical mention does not establish current products, availability or endorsement.

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Finance

SPAC Performance

Spac Performance

Battery related SPACs have performed in line with the broader battery equity capital markets. Energy transition SPACs trading price relative to initial par value (% change from $10 SPAC par price)

Higher costs of capital driven by interest rates hikes have led investors to cycle out of pre-revenue companies with higher capital requirements

Source: CapIQ 12/29/2023 (1) Jan 2023, announced that Shell would acquire Volta (2) Nov 2023, Proterra sold to Volvo and Phoenix Motors

Extracted from the PDF; charts and images may read imperfectly.

More in Industry (11)
Authors for Value Chain & Finance (2)

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