Decarbonization Plus Acquisition Corporation IV

Decarbonization Plus Acquisition Corporation IV

DCRDW
Decarbonization Plus Acquisition Corporation IVUS flagNASDAQ Capital Market
0.90
USD
+0.07
- -
193.89MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

in mil. unless spec.
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Growth Rates

FRC

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Quarterly Revenue

FRC

in mil. unless spec.
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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChatGPT
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
Business
Decarbonization Plus Acquisition Corporation IV (DCRDW) is a blank check company, or special purpose acquisition company (SPAC), sponsored by an affiliate of Riverstone Holdings LLC and focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination targeting companies developing platforms to decarbonize carbon-intensive sectors including energy, agriculture, industrials, transportation, and commercial and residential real estate; it offers no current products or services beyond its SPAC structure of common stock, warrants, and units traded publicly prior to a combination. Founded in 2021 and headquartered in Menlo Park, California, the company operated principally in the United States with a focus on low-carbon investment opportunities. In February 2023, it completed a C$1.39 billion business combination with Calgary-based Hammerhead Resources Inc., an upstream oil and gas producer developing multi-zone resources in Alberta's Montney trend; post-merger, the combined entity rebranded as Hammerhead Energy Inc. (Nasdaq: HHRS; TSX: HHRS), targeting net zero Scope 1 and 2 emissions by 2030 via a carbon capture and sequestration program estimated at C$240 million, with DCRD's common stock, warrants, and units suspended from trading and DCRDW warrants surviving as legacy securities exercisable into Hammerhead Energy shares.