Factorial Energy Inc.
FAC
NASDAQ Global Market9.97
USD
-0.26
- -
ISIN
US30347G1031
CUSIP
30347G103
Return %
Stock
S&P500
1Y
-0.50
19.99
3Y
-0.40
69.40
5Y
-0.40
72.03
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
- Siyu Huang
- Full Time Employees
- 2
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- 805 Middlesex Turnpike Billerica MA United States of America 01821
- IPO Date
- Jun 24, 2025
- Website
- factorialenergy.com
- Similar Companies
- Business
- Cartesian Growth Corporation III Class A Ordinary Shares (FAC) operates as a blank-check SPAC focused on identifying and merging with a target in the technology, industrial, and energy sectors, with a current emphasis on transportation electrification and advanced battery technologies through its business combinations and post-merger platforms. The company’s core activity is to arrange and complete a business combination with a private operating company, after which the combined entity becomes a publicly traded company. Main products and services - Special purpose acquisition vehicle (SPAC) structure and management services: formation, governance, and ongoing oversight of the SPAC entity, including capital deployment and shareholder relations; securities issuance and listing services; sponsor alignment and fiduciary oversight. - Business combination services: sourcing, evaluating, and negotiating with target companies; facilitating due diligence, valuation, and deal structuring; coordinating regulatory approvals, financing arrangements, and closing logistics. - Post-merger corporate integration support: transition planning, financial reporting setup, corporate governance alignment, and initial investor communications for the merged entity. - Strategic advisory and liquidity options: guidance on capital markets strategies, potential PIPE investments, and exit or continuation strategies for sponsors and early investors. Latest major company changes - Completed and announced a business combination with Factorial Energy Inc., resulting in Factorial Energy becoming a wholly owned subsidiary of the post-merger public company and leading to a reclassification and redemption process of the SPAC shares; the merger is designed to close in 2026 subject to customary conditions and approvals. This marks a pivotal shift from the SPAC vehicle to a manufacturing and technology platform in the solid-state battery space. - Entered strategic partnerships and supply-chain development initiatives related to solid-state battery production, including collaborations with Karma Automotive to launch a solid-state battery program in the United States, and investments/explorations with POSCO Future M and Philenergy to strengthen global manufacturing capabilities and supply chain readiness for all-solid-state technologies; these reflect a strategic expansion into adjacent energy storage manufacturing ecosystems. - Regulatory filings indicate ongoing governance, redemption activity, and capital structure updates related to the transition from CGC III to the renamed public company post-merger, with disclosures around redemption amounts and changes to outstanding ordinary shares as part of the closing process. Additional context - Industry and segments: SPAC/blank-check investment vehicle focused on technology- and energy-related targets, with a strategic tilt toward advanced energy storage and electrification technologies through its merger with Factorial Energy. - Target markets and customers: institutional investors and retail shareholders participating in SPAC exits; subsequently, customers and partners of Factorial Energy and related battery technology collaborations becoming part of the merged company’s ecosystem. - Geographic operations: operations and partnerships span the United States and Korea, with manufacturing and supply-chain activities involving U.S.-based production programs and Korean equipment and materials suppliers; international collaboration underscores the global reach of the post-merger platform. - Founding year and headquarters: CGC III is a SPAC formed to pursue a business combination, with primary listing and headquarters aligned to the sponsor’s governance structure; original headquarters and formation details align with standard SPAC practice. - Subsidiaries and relations: post-merger Factorial Energy Inc. becomes a wholly owned subsidiary of the new public company, with the SPAC structure converting and reclassifying prior ordinary shares into new equity instruments within the combined entity. Notes - Information reflects publicly disclosed filings and press materials up to mid-2026, including the planned closing of the business combination and related capital structure changes; exact closing conditions and timing are subject to regulatory approvals and customary closing conditions.
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