Decarbonization Plus Acquisition II announced today that, based on proxies submitted to date, it anticipates approval of the pending merger with Tritium.
The stockholder vote is set for Wednesday, Jan. 12.
The SPAC in a news release said 52.35% of the outstanding shares and 96.69% of the voted shares have already voted in favor of the business combination.
The transaction is anticipated to generate gross proceeds of up to approximately $403 million, assuming minimal redemptions.
Australia-based EV charger maker Tritium is the only pure-play DC fast charging manufacturer, with a global sales and support reach servicing customers in 41 countries across four continents. Read more.