Battery Future Acquisition priced its upsized initial public offering of 30 million units at $10 each, an increase of 5 million more units than initially registered for the offering late last month.
The units list on the New York Stock Exchange and begin trading under the ticker symbol BFAC.U today. Each consists of one Class A ordinary share and one-half of a warrant.
The IPO is expected to close Dec. 17.
Battery Future plans to focus on industries spearheading the shift from fossil fuels to electrification, including companies in the battery value chain from the mine site to end user to after-life battery and component recycling.
Cantor is sole bookrunner and Roth Capital Partners is co-manager. Read more.
