Decarbonization Plus Acquisition IV registered with the SEC to riase $350 million through an offer of 35 million units at $10 each. A unit consists of of one Class A ordinary share and one-third of one warrant.
The new SPAC’s focus is on decarbonization companies engaged in the energy and agriculture, industrials, or transportation and commercial and residential sectors.
Decarb Plus IV is led by CEO and Director Erik Anderson, who has also filled those roles in previous Decarb Plus SPACs. Decarb Plus I last month announced a $626 million merger agreement with Hyzon Motors.
The SPAC plans to apply for a listing on the Nasdaq under DCRDU. Read more.
