Broadscale Acquisition registered with the SEC to offer 25 million units at $10 each for a planned $250 million IPO.
The SPAC in the filing said, “we intend to focus on opportunities that transform traditional industries in positive ways and generate tangible improvements to the well-being of the global population, particularly with respect to energy, transportation, buildings, manufacturing, and food and agriculture.”
The SPAC is led by Chairman and CEO Andrew Shapiro, founder and managing partner of Broadscale, an investment firm that works with corporations, family offices, and other strategic partners to invest in and commercialize the most promising market-ready innovations focused on clean energy, advanced transportation, and sustainable technologies, according to the S-1 filing.
Broadscale intends to list on the Nasdaq under SCLEU. Read more.
