Battery Maker StoreDot Said to be in SPAC Merger Talks

StoreDot
StoreDot has developed a new generation of lithium-ion battery technology that is capable of recharging an electric vehicle in five minutes

StoreDot, an Israeli company that manufactures fast-charging lithium-ion batteries, is fast becoming the latest hotcake in the SPAC sphere amid credible rumors of an imminent merger, WCCFTech reports. The company makes Li-Ion batteries that can be recharged in five minutes.

Burgundy Technology Acquisition is one possible SPAC rumored to be circling the company. Read more.

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