BMW and Ford-backed Solid Power will go public via SPAC merger in $1.2B deal

Solid Power, a solid-state battery developer backed by Ford and BMW, is going public. The company said Tuesday it would head to the NASDAQ via a merger with special purpose acquisition company Decarbonization Plus Acquisition Corp III at a post-deal implied market valuation of $1.2 billion. The transaction is expected to generate around $600 million … Continue reading BMW and Ford-backed Solid Power will go public via SPAC merger in $1.2B deal