Zimmer Energy Transition Acquisition in an amended S-1 filing said it would offer 30 million units at $10 each, down from the 35 million units initially registered with the SEC in April.
The SPAC in the filing said it still plans to target companies that serve the clean energy ecosystem, including renewable power generation, energy storage, the distributed electrical grid, zero-emission transportation, zero/low-carbon industrial applications and renewable financing.
The company is led by CEO and Chairman Stuart Zimmer, the portfolio manager and CEO of Zimmer, which is the investment manager of ZP Utility Fund, ZP Offshore Utility Fund, and the Zimmer Entity.
Zimmer Energy said it expects the units to list on the Nasdaq under ZTAQU. Read more.
