Decarbonization Plus Acquisition Corporation III announced the pricing of its $350 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “DCRCU” Wednesday, March 24.
The company aims to combine with a target providing opportunities for attractive returns in one of the sectors that may help reduce carbon emissions. Decarbonization Plus III is led by CEO Erik Anderson alongside CFO, Chief Accounting Officer and Secretary Peter Haskopoulos.
Total SPAC deal count for 2020 year-to-date is now 289. The offering is anticipated to close on Friday, March 26.
Credit Suisse and Citigroup are acting as joint book running managers for the proposed offering. Vinson & Elkins LLP and Davis Polk & Wardwell LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Indigo (NASDAQ:INACU) has filed for a $100 million SPAC to take a first-time team on a broad search for a target as 2025 SPACs hit a key milestone. The new SPAC is to sell units containing one right to a 1/10 share in each with no overfunding of its trust. Shareholders are slated to get...
At the SPAC of Dawn SPAC votes are to heat up in a shortened week that is to see markets closed on Thursday. Teams have nonetheless put seven votes on the docket for the four days that business is in session. Only one of these is a vote to complete a business combination, which is...
Terms Tracker for the Week Ending June 13, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This week brought three new SPAC IPOs with pricings from BEST SPAC I Acquisition Corp., Blue Acquisition Corp. and Blue Water Acquisition Corp. III. All...
Starry Sea (NASDAQ:SSEAU) has filed for a $50 million SPAC with leadership that is making its debut as SPAC officers and a broad search mandate. The new SPAC is offering investors one right to a 1/6 share in each unit and a redemption opportunity coming at the end of its 15-month initial transaction deadline if...
At the SPAC of Dawn Israel’s bombing of sites in Iran has brought a new injection of uncertainty to the markets, which appear poised to open in the red. But, this may be a temporary factor after the week has also produced better-than-expected indicators on inflation. One more data point is set to come in...