Roth CH Acquisition IV (NASDAQ:ROCG) announced in an 8-K this afternoon that its shareholders approved its combination with renewable energy equipment-maker Tigo at a special meeting held on May 18.
At the meeting, holders of an aggregate of 4,814,516 shares of common stock were present, constituting a quorum for the transaction. The business combination was overwhelmingly approved by shareholders as holders of 4,809,768 shares voted in favor of the proposal and only 4,747 shares voted against it.
In connection with the vote to approve the deal, 1,945,251 shares of common stock of ROCG were tendered for redemption. But, the SPAC already saw 9,121,751 shares redeemed during an extension meeting in December 2022, bringing ROCG’s total redemption amount to 11,067,002 shares. Roth CH IV initially raised $116.7 million in gross proceeds during its IPO in August 2021, but is now left with $4.48 million after 96.23% of its trust was removed through redemptions.
Nonetheless, the parties expect to close the deal tomorrow, May 23. Following the completion of the transaction, ROCG intends to change its name to Tigo Energy, Inc. with its common stock and warrants expected to begin trading on the Nasdaq under the symbols “TYGO” and “TYGOW,” respectively, on May 24.
Roth CH Acquisition IV announced the $600 million combination with Tigo in December 2022. Campbell, California-based Tigo manufacturers components that optimize and enhance safety for solar panel arrays, with installations on seven continents


Crown PropTech (OTC:CPTKW) has entered into a definitive agreement to combine with rare earth mining firm Mkango Resources (TSX-V:MKA) at a pre-money equity value of $400 million. London-based Mkango is working to commercialize a chain of rare earth mining and refining facilities in Africa and Europe. The combined company is expected to trade on the...
At the SPAC of Dawn One of the biggest sources of uncertainty in the SPAC market in recent years has been regulatory changes, but new shifts could be in its favor. SEC Chairman Paul Atkins told CNBC yesterday that the commission would review the rules for SPACs after “rather controversial” changes to the rules passed...
McKinley Acquisition Corporation (NASDAQ:MKLYU) has filed for a $150 million SPAC to hunt for an innovative target company with an experienced financial team that has dabbled in SPACs before. The new SPAC is offering investors one right to a 1/10 share in each unit with no overfunding of the trust, but it could provide a...
At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....
EQV Ventures II (NASDAQ:EVACU) announced the pricing of its upsized $420 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EVACU”, Wednesday, July 2, 2025. The new SPAC plans to merge with an energy target involved in upstream exploration or production. EQV II’s management team is led by...