Announced
Completed
Financials
Tags
Acquisition
Friendly
Majority
Completed
Single Bidder
United States
De-SPAC
vehicle-to-grid
technology
Auto Technology
Merger
Private
Domestic
Synopsis
Nuvve, a vehicle-to-grid platform operator, went public via the merger with Newborn Acquisition, a publicly-traded SPAC, in a $132m deal. "With a global portfolio of key V2G technology patents covering bidirectional capabilities and grid services with aggregated electric vehicles, I believe we are ideally positioned to help usher in the electric vehicle revolution and be the leading solutions provider for years to come," Gregory Poilasne, Nuvve Chairman and CEO.
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