Decarbonization Plus Acquisition Corporation IV

Decarbonization Plus Acquisition Corporation IV

DCRDU
Decarbonization Plus Acquisition Corporation IVUS flagNASDAQ Capital Market
15.00
USD
+3.89
- -
592.43MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

FRC

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Robert M. Tichio
Sector
Financial Services
Industry
Shell Companies
Address
2744 Sand Hill Road Menlo Park CA United States of America 94025
IPO Date
Jul 21, 2021
Business
Decarbonization Plus Acquisition Corporation IV (DCRDU) operates as a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses focused on advancing global decarbonization in carbon-intensive sectors; it offers no current products or services beyond its cash held in trust for deployment in a target acquisition. Sponsored by an affiliate of Riverstone Holdings LLC and headquartered in Menlo Park, California, the company launched its initial public offering in 2021, raising $275 million through 27.5 million units priced at $10 each. In a major strategic development, it completed a business combination with Hammerhead Resources Inc. in February 2023 via reverse merger, valuing the combined entity at C$1.39 billion and transitioning operations to Hammerhead Energy Inc., with post-merger proceeds of approximately $320 million earmarked to accelerate carbon capture and storage (CCS) initiatives alongside Hammerhead's Montney shale oil and natural gas production targeting 46,000-48,000 boe/d by 2024; the ticker DCRDU reflects ongoing trading of legacy units as of late 2025.