Announced
Completed
Synopsis
Tritium, an engineering and manufacturing company that specializes in sustainable energy applications, went public via a SPAC merger with Decarbonization Plus Acquisition II, a special purposes acquisition company, in a $1.2bn deal. “Our transaction with DCRN is transformative for the acceleration of electrification. We expect the capital raised through the transaction, together with anticipated additional funding, to support Tritium’s business operations and to help strengthen our products and services to our customers, and continue to advance the e-mobility industry. The goal in our industry is to reduce global emissions and this transaction will support our mission to electrify transportation," Jane Hunter, Tritium CEO.
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