Spartan III Files Investor Presentation on Allego Deal

Spartan Acquisition III

Spartan Acquisition III in an SEC filing included an investor presentation promoting its proposed mwerger with Allego Holding, a pan-European electric vehicle charging network.

Announced in July, the transaction values Allego at a pro forma equity value of approximately $3.14 billion.

If approved, Allego would list on the NYSE under ALLG.

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.

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