Announced
Completed
Financials
Tags
Single Bidder
lithium-ion batteries
Private
Reverse Takeover
Friendly
Electrical Components
Acquisition
United States
Domestic
battery manufacture
Majority
De-SPAC
Completed
Synopsis
Amprius Technologies, a provider of lithium-ion batteries, went public via merger with Kensington Capital Acquisition IV, a special purpose acquisition company, in a $939m deal. "Entering the public markets is an important milestone for Amprius, one we have been diligently working towards since our founding. This transaction provides Amprius with capital to use in scaling production capabilities to meet the significant demand for our transformational silicon nanowire anode technology. We are thankful for the Kensington team's support in reaching this important milestone and look forward to further advancing our mission of enabling the future of electric mobility," Kang Sun, Amprius CEO.
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