Allego Holding B.V., a pan-European electric vehicle charging network, filed a Form F-4 on its proposed business combination with Apollo-affiliated Spartan Acquisition III.
If approved, the combined company would operate under the Allego name and list on the NYSE under ALLG.
Announced in July, the transaction values Allego at a pro forma equity value of approximately $3.14 billion.
The combined company is expected to receive approximately $702 million of gross proceeds from a combination of a fully committed common stock PIPE offering of $150 million along with approximately $552 million of cash held in trust, assuming no redemptions. Read more.
