Decarbonization Plus Acquisition Corporation IV
DCRD
NASDAQ Capital Market14.15
USD
+4.08
- -
CIK
0001848959
ISIN
KYG2773W1033
CUSIP
G2773W103
Return %
Stock
S&P500
1Y
43.07
18.21
3Y
43.95
64.38
5Y
43.95
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Scott W. Sobie
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2744 Sand Hill Road Menlo Park CA United States of America 94025
- IPO Date
- Oct 1, 2021
- CIK
- 0001848959
- Website
- dcrbplus.com
- Similar Companies
- Business
- Decarbonization Plus Acquisition Corporation IV (NASDAQ: DCRD) is a blank check company focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses; it does not have significant operations and principally targets companies developing platforms that decarbonize carbon-intensive sectors including energy, agriculture, industrials, transportation, commercial real estate, and residential sectors. Sponsored by an affiliate of Riverstone Holdings LLC, the company provides no products or services but facilitates capital raising through its special purpose acquisition structure, including units, Class A ordinary shares, and warrants traded under DCRD, DCRDU, and DCRDW tickers. Founded in 2021 and headquartered in Menlo Park, California, it operates globally with a focus on North American opportunities. In September 2022, DCRD announced a definitive C$1.39 billion business combination with Hammerhead Resources Inc., a Canadian upstream oil and gas producer focused on Montney formation assets; shareholders approved the transaction in January 2023, and it closed on February 23, 2023, with the combined entity renamed Hammerhead Energy Inc. (NASDAQ/TSX: HHRS), which assumed DCRD's Nasdaq listing while DCRD ceased independent operations. The merger generated gross proceeds of approximately $320 million (prior to redemptions) to fund Hammerhead's carbon capture and sequestration program targeting net zero Scope 1 and 2 emissions by 2030; post-merger, Hammerhead advanced production growth to 46,000-48,000 boe/d by 2024 and delisted public warrants from Nasdaq and TSX by late 2023. As of December 2025, DCRD shares reflect legacy post-merger trading around $14-15 with no further standalone strategic developments.