Genesis Park Acquisition in a filing said its IPO raised about $164 million, to which a private placement brought to total to just over $166 million. Read more.
Management in the filing said the new SPAC intends to focus on decarbonization, sustainable mining, renewable energy, blockchain, commodity trade sectors and the technologies with applications in those sectors.
Trine previously filed notice of a shareholder vote on the SPAC’s pending merger with DeskTop in a deal that would give the combined entity a valuation of $2.5B.