Peridot Acquisition II priced its upsized IPO of 36 million units at $10 per unit. The new SPAC offered 6 million more units than expected.
Units begin trading today on the NYSE under PDOT.U.
Peridot II intends to target opportunities and companies that focus on environmentally sound infrastructure, industrial applications and disruptive technologies that eliminate or mitigate greenhouse gas emissions and/or enhance resilience to climate change.
The company’s sponsor is an affiliate of Carnelian, a Houston-based investment firm that focuses on opportunities in the North American energy space. Read more.
