SDCL EDGE Acquisition Corporation
SEDA-UN
New York Stock Exchange11.21
USD
-0.01
- -
CIK
0001846975
ISIN
KYG794711195
Return %
Stock
S&P500
1Y
2.84
18.21
3Y
12.44
63.29
5Y
13.23
74.90
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
- Jonathan Maxwell
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- One Grand Central Place New York City NY United States of America 10165
- IPO Date
- Oct 29, 2021
- CIK
- 0001846975
- Website
- sdcledge.com
- Similar Companies
- Business
- SDCL EDGE Acquisition Corporation operates as a blank check company focused on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities; it targets opportunities in energy efficiency, decentralized energy solutions, the built environment and low carbon transport infrastructure sectors. The company, incorporated in 2021 and headquartered at One Grand Central Place, 60 East 42nd Street, Suite 1100, New York, New York, raised approximately $200 million in its initial public offering of units in October 2021, listed on the New York Stock Exchange under the ticker SEDA-UN. It conducts no significant current operations and generates no revenues, maintaining funds in a trust account for potential deployment in a business combination. In February 2024, SDCL EDGE announced a business combination agreement with Specialty Copper Listco Plc, a global manufacturer of high-end specialty copper alloy products, aimed at an NYSE listing of the combined entity; the agreement terminated automatically on July 2, 2024, due to unmet conditions, though the company expressed intent to pursue revised terms. The company extended its deadline for completing an initial business combination multiple times, up to November 2, 2024; failing to consummate a deal by that date, its board elected to dissolve and liquidate in accordance with its charter, announcing redemption of public Class A ordinary shares at approximately $11.31 per share, delisting from the NYSE effective November 1, 2024, and ceasing all operations except for winding up by November 18, 2024.