Tech and Energy Transition Corporation
TETCU
NASDAQ Capital Market10.20
USD
+0.05
- -
CIK
0001840920
ISIN
US87823R2013
CUSIP
87823R201
Return %
Stock
S&P500
1Y
3.66
18.21
3Y
2.31
64.38
5Y
2.31
72.43
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
- John B. Spirtos
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 125 West 55Th Street New York City NY United States of America 10019
- IPO Date
- Mar 12, 2021
- CIK
- 0001840920
- Website
- techenergytransition.com
- Similar Companies
- Business
- Tech and Energy Transition Corporation (TETCU) is a blank check company with no significant current operations that focuses on pursuing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology and energy transition sectors; it targets companies in communications, industrial technology, Infratech, software and services, and related energy and technology areas. The company offers no core products or services at present, as it operates as a special purpose acquisition company sponsored by Macquarie Asset Management and backed by institutional investors seeking opportunities in differentiated technologies enabling energy transition. Tech and Energy Transition Corporation was incorporated in 2017, formerly known as M Acquisition Company IV Corporation until its name change in December 2020, and maintains its headquarters at 125 West 55th Street in New York, New York, with approximately four employees and global targeting scope for its business combination. It completed an initial public offering in March 2021, raising $350 million through 35 million units at $10 each underwritten by Citigroup and BofA Securities. The company's units continue to trade on NASDAQ despite low volume and potential delisting risks, with no recent partnerships, acquisitions, funding rounds, product launches, or strategic shifts announced in the past 1-2 years.