Decarbonization Plus Acquisition II today priced its IPO of 35 million units at a price of $10 per unit. The SPAC intends to grant the underwriters a 45-day option to purchase up to an additional 5.25 million units.
This is the latest SPAC formed by Riverstone, and is led by CEO and Director Erik Anderson.
The SPAC is focused on the renewable, infrastructure, upstream and industrial services sectors.
Units are expected to list on the Nasdaq under DCRNU. Read more.