Riverstone SPAC Decarbonization Plus II Amends $350M IPO Prospectus

RiverStone

Decarbonization Plus Acquisition II filed an amended prospectus for its planned offer of 35 million units to be priced at $10 each. The amended filing includes additional financial statements, including stockholders’ equity and the SPAC’s cash flow through mid-December.

The amount of the raise in the latest prospectus remains unchanged from the $350 million listed in a filing last week, when the SPAC announced it would increase the offer by 75 percent from the $200 million initially planned earlier this month.

This is the latest SPAC formed by Riverstone, and is led by CEO and Director Erik Anderson.

The SPAC is focused on the renewable, infrastructure, upstream and industrial services sectors. 

The SPAC plans to list on the Nasdaq under DCRNU. Read more.

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