Electriq Power went public via merger with TLG Acquisition One in a $495m deal.

Electriq Power, a provider of intelligent energy storage and management for homes and small businesses, went public via merger with TLG Acquisition One, a publicly traded special purpose acquisition company, in a $495m deal. "Electriq and TLGA together is a strategic combination for both companies, and consistent with TLGA’s continuing evaluation and pursuit of target companies. Our proposed merger comes at the right time to address the rapidly growing demand in the residential solar energy storage market, technology development and innovation, consumer and provider demand, and government policy and environmental initiatives. We believe that together we can create exciting new opportunities and value for our people, customers, partners, and investors," Mike Lawrie, TLGA CEO.