Tortoise Acquisition Corp. II
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Vincent T. Cubbage
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 5100 West 115Th Place Leawood KS United States of America
- IPO Date
- Nov 2, 2020
- CIK
- 0001819584
- Website
- tortoisespac.com
- Similar Companies
- Business
- Tortoise Acquisition Corp. II (NYSE: SNPR) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the energy transition sector, including clean energy generation and storage, alternative fuels and transportation, and decarbonization technologies. The company offers no current products or services beyond its SPAC structure, which provides public market access to target entities via de-SPAC transactions; it maintains cash reserves in trust for deployment post-combination. Incorporated in 2020 and headquartered in Leawood, Kansas, Tortoise Acquisition Corp. II targets operations primarily in the United States, with a strategy spanning the global energy infrastructure value chain. In a major development, the company completed a business combination with Volta Industries, Inc., an owner-operator of public electric vehicle charging networks, in August 2021, resulting in its renaming to Volta Inc. (NYSE: VLTA) and delisting of the standalone SNPR ticker. This reverse merger transaction, valued at a pro forma enterprise of approximately $1.4 billion, included shareholder approval on August 25, 2021, a $300 million PIPE financing anchored by BlackRock, Fidelity, and Neuberger Berman, and net proceeds of around $600 million to expand Volta's charging infrastructure. No significant updates, additional mergers, funding rounds, or operational changes occur for Tortoise Acquisition Corp. II post-merger, as its independent existence as a SPAC concludes. The entity maintains affiliations with Tortoise Capital Advisors, emphasizing energy and sustainability investments.
Volta Charging Launches PredictEV™ Product To Power Data-Driven EV Charging Planning For Energy Industry
Volta Charging Announces New Station Installation In Upper Marlboro, Maryland
Volta Charging And Place Exchange Announce Strategic Partnership
Volta Charging Announces New Station Installation in Westfield, New Jersey
Volta Industries to Participate at Upcoming Investor Conferences
Volta Charging Announces New Station Installation In Morris Plains, New Jersey
Volta Charging Selected by Sacramento Splash to Share Message of Inspiring Curiosity in the Great Outdoors
Volta Charging Announces New Station Installation In Renton, Washington
Volta Charging Announces New Station Installation in Upper Marlboro, Maryland
Volta Charging Partners With Hackensack Meridian Health To Expand Electric Vehicle Charging Access
David Klein, Ph.D., Joins Volta Charging as Chief Data Scientist
EY Announces Volta Charging's Scott Mercer And Chris Wendel As Entrepreneurs Of The Year® 2021 Northern California Region Award Finalists
Volta Charging Reaches 100 Charging Stations In Maryland
Volta Charging to Host Analyst Day on Thursday, June 17, 2021
EV Stocks: What You Should Buy and What You Should Sell
Volta Industries to Participate at Upcoming Investor Conferences
3 Electric Vehicle Charging Stocks to Buy on Any Dip
Are Electric Vehicle Charging Stocks Overhyped?
3 Electric Vehicle Charging Stocks Juiced Up For Summer Gains
Volta and Macy's Expand Electric Vehicle Charging Stations