Decarbonization Plus Acquisition Corporation II
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ROIC.AI
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- Business
- Decarbonization Plus Acquisition Corporation II (DCRN) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses targeting the decarbonization of carbon-intensive sectors, including energy, agriculture, industrials, transportation, and commercial and residential areas; it offers no current products or services beyond its cash held in trust for such a transaction. The company, formed in December 2020 by affiliates of Riverstone Holdings and headquartered in Menlo Park, California, conducts its activities principally in the United States with a focus on global decarbonization opportunities. In a major development effective January 13, 2022, DCRN completed a reverse merger business combination with Tritium Holdings Pty Ltd, an Australian developer and manufacturer of DC fast chargers for electric vehicles, resulting in the combined entity trading as Tritium DCFC Limited (DCFC) on NASDAQ with DCRN's shares suspended from trading; this transaction valued the pre-money enterprise at approximately $1.4 billion and marked DCRN's strategic shift from pre-combination SPAC to integrated operations under the new public entity. No subsequent mergers, acquisitions, funding rounds, or operational changes are reported for DCRN post-combination, as it ceased independent operations.
CORRECTING and REPLACING Tritium, a Leading Global Developer and Manufacturer of DC Fast Chargers, Announces Record Third Calendar Quarter and Calendar Year-to-Date Results and Provides Business Update
Tritium, a Leading Global Developer and Manufacturer of DC Fast Chargers, Announces Record Third Calendar Quarter and Calendar Year-to-Date Results and Provides Business Update
Tritium Expands APAC and Middle East Operations with Opening of Office in Singapore
7 EV Charging Stocks to Buy for an Infrastructure Rally
Tritium Announces AUD$40 million Private Placement Financing by Cigna Investments, Inc.
Tritium and Electric Era Collaborate on Energy Storage System for Electric Vehicle Chargers
Tritium and ReCharge Alaska Engineer Electric Vehicle Charging Solution Capable of Surviving Sub-Arctic Temperatures
Tritium Announces Strategic Partnership With Solcon Industries to Increase Access to Electric Vehicle Fast Charging Infrastructure in Israel and Palestine
Tritium Pioneers Fast Chargers for the Mining Industry in Combination with Miller Technology's Most Advanced Light Duty Mining Electric Vehicle
More Than 300 Tritium Fast Chargers Expected to be Installed Across Australia by Evie Networks
Tritium Partners with Loop EV Charging Network to Expand DC Fast Charging Infrastructure
EV charger producer Tritium's SPAC deal to generate $1.2B valuation
DCRN Stock News: 17 Things We Know About the $1.4B Tritium SPAC Merger