Chinese fuel cell maker eyeing SPAC deal for $1B US listing

Chinese fuel cell maker eyeing SPAC deal for $1B US listing

2 years ago
Anonymous $dy9SWuvIkX

https://techcrunch.com/2022/05/02/chinese-fuel-cell-maker-eyeing-spac-deal-for-1b-us-listing/

A Chinese provider of hydrogen used in fuel cell vehicles is considering a NASDAQ debut early next year via a SPAC merger that would land it a $1 billion valuation after listing.

If the deal with its undisclosed suitor goes through, Shenzhen State Fuel Cell Corporation (SFCC) will become the latest in a long line of electric vehicle companies to choose the short route to an IPO.

Chinese fuel cell maker eyeing SPAC deal for $1B US listing

May 2, 2022, 1:34pm UTC
https://techcrunch.com/2022/05/02/chinese-fuel-cell-maker-eyeing-spac-deal-for-1b-us-listing/ > A Chinese provider of hydrogen used in fuel cell vehicles is considering a NASDAQ debut early next year via a SPAC merger that would land it a $1 billion valuation after listing. > If the deal with its undisclosed suitor goes through, Shenzhen State Fuel Cell Corporation (SFCC) will become the latest in a long line of electric vehicle companies to choose the short route to an IPO.