Beard Energy Transition Acquisition Corp.
BRD-UN
New York Stock Exchange11.55
USD
+0.38
- -
Beard Energy Transition Acquisition Corp.
BRD-UN
(New York Stock Exchange)
Recent
price
11.55
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Beard Energy Transition Acquisition Corp. operated as a special purpose acquisition company, established in 2021 and headquartered in New York City. Its core objective involved pursuing a significant business combination, such as a merger, capital stock exchange, or asset acquisition, with a suitable enterprise. The firm specifically concentrated its efforts on identifying prospective targets within the electric power grid and broader energy transition infrastructure sectors. Although it announced an agreement in May 2023 to combine with Suntuity Renewables, a provider of renewable energy solutions, this merger agreement was mutually terminated in November 2023. Consequently, the company proceeded with plans to dissolve and liquidate, with its Class A shares ceasing trading around December 11, 2023.