WaveTech to go public via a SPAC merger with Welsbach Technology Metals Acquisition in a $306m deal.

WaveTech, a company with a core focus on innovative battery technologies, agreed to go public via a SPAC merger with Welsbach Technology Metals Acquisition, a special purpose acquisition corporation, in a $306m deal. “As an innovator in the energy solutions space, WaveTech can disrupt the energy storage sector with its innovative and commercially proven solutions, improving performance and quality, optimizing costs and reducing the carbon footprint associated with traditional battery storage solutions, and therefore making a significant positive contribution to the environment,” Daniel Mamadou, WTMA Chief Executive Officer and Director.