SDCL EDGE Acquisition Chops 30% Off Deal Size Ahead of $175M IPO

SDCL EDGE Acquisition in an amended S-1 filing today said it will now offer 17.5 million units, down from the 25 million registered with the SEC in March. A unit now consists of one Class A ordinary share and one-half of a warrant.

The SPAC’s focus remains on companies engaged in energy efficient and decentralized energy solutions for a lower carbon economy, especially for the built environment and transport sectors.

SDCL EDGE is led by Chairman and Co-CEO Jonathan Maxwell, also the founder and CEO of SDCL, and Co-CEO Michael Feldman, a former managing director and head of infrastructure for Sixth Street Partners. 

The SPAC intends to apply for a NYSE listing under SEDA.U. Read more.

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