European Sustainable Growth Acquisition Corp.

European Sustainable Growth Acquisition Corp.

EUSGU
European Sustainable Growth Acquisition Corp.US flagNASDAQ Global Select
10.46
USD
-0.15
- -
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

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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
Sector
Financial Services
Industry
Shell Companies
Address
73 Arch Street Greenwich CT United States of America 06830
IPO Date
Jan 22, 2021
Business
European Sustainable Growth Acquisition Corp. (EUSGU) operates as a blank check company whose primary business activity focuses on effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with an emphasis on European companies exhibiting sustainable growth in sectors such as renewable energy, food and agri-tech, water conservation, energy storage, recycling, ed-tech and online learning, fintech, and data and cloud services; it has not yet completed a business combination and maintains trust assets for such purposes. The company, founded in 2020 and headquartered in Greenwich, Connecticut, employs five people and trades on Nasdaq with a market capitalization of approximately $54.8 million as of late 2024, holding outstanding shares of about 4 million and a book value per share of negative $0.56. In a significant development noted across multiple sources dating back to 2021, the company entered into a definitive agreement to merge with Germany's ADS-TEC Energy GmbH in a transaction valued at around $580 million including a $156 million PIPE from investors such as APG, Invesco, and others, which closed on December 22, 2021, resulting in the combined entity named ADS-TEC Energy PLC listing under new tickers ADSE and ADSEW while EUSGU units faced suspension, though EUSGU remains referenced in current trading data without further recent acquisitions, partnerships, funding rounds, or operational shifts reported as of 2025.

Company News

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  • Alpha Trader Talks EV Infrastructure Plays With Pieter Taselaar (Podcast)

  • European Sustainable Growth Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing March 10, 2021