CAMBRIDGE, Mass. & NEW YORK–(BUSINESS WIRE)–Advent Technologies Inc. (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, and AMCI Acquisition Corp. (NASDAQ: AMCI) (the “Company” or “AMCI”), a special purpose acquisition company, today announced that they have entered into a definitive agreement and plan of merger (the “Merger Agreement”) for a business combination that would result in Advent becoming part of a publicly listed company as a wholly-owned subsidiary of AMCI. Upon the closing of the transaction, the combined company will operate as Advent Technologies Holdings, Inc., and its common stock will be listed on the Nasdaq. The combined company will continue to operate under the current Advent management team, led by Chief Executive Officer, Vasilis Gregoriou.
Related Posts
Tuscan Holdings Shareholders Approve $3B Microvast Deal
The transaction is expected to provide $822 million of gross proceeds to Microvast.
WeissLaw Says it’s Investigating Big Rock Partners/NeuroRx Deal
The law firm said it is investigating "possible breaches of fiduciary duty and other violations of law."
Avista Public Acquisition II Shareholders Approve Ligand Deal
Approximately $224 million in Avista shares were redeemed ahead of the vote, about 94% of the SPAC's cash in trust, although additional funding sources should be sufficient to close the deal.
FG New America Files Prelim Proxy on Opportunity Financial Deal
The deal values the consumer fintech company at approximately $800 million.