TLG Acquisition One Corp.
TLGA
New York Stock Exchange6.06
USD
-0.43
- -
CIK
0001827871
CUSIP
87257M108
Return %
Stock
S&P500
1Y
-38.41
26.84
3Y
-37.33
77.03
5Y
-37.33
80.55
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 Michael Lawrie
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 515 North Flagler Drive West Palm Beach FL United States of America 33401
- IPO Date
- Mar 22, 2021
- CIK
- 0001827871
- Website
- tlgacquisitions.com
- Similar Companies
- Business
- TLG Acquisition One Corp. (NYSE: TLGA) operates as a blank check company, or special purpose acquisition company (SPAC), whose primary purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; the firm focuses on growth-oriented targets across various sectors including technology, healthcare, consumer goods, and industrials, leveraging the expertise of its management team led by former executives from DXC Technology and ValueAct. Headquartered in West Palm Beach, Florida, and founded in 2020, the company completed its initial public offering in January 2021, raising $350-$400 million in gross proceeds held in trust for deployment in a target acquisition. In July 2023, TLG completed its business combination with Electriq Power Inc., a Silicon Valley-based provider of turnkey intelligent energy storage and management solutions for homes and small businesses including solar-integrated battery systems and grid services software; the merger generated over $45 million in equity through private placements, PIPE financings, loan conversions, and non-redemptions, with the combined entity operating as Electriq Power Holdings Inc. under the NYSE ticker ELIQ, while TLGA shares reflect the legacy SPAC structure amid potential delisting proceedings for its warrants.
TLG Acquisition One Corp. Announces Effectiveness of Registration Statement and July 25, 2023 Scheduled Special Meeting of Stockholders to Approve Business Combination with Electriq Power, Inc.
TLG Acquisition One Corp. Announces Updates to its Joint Proxy Statement/Consent Solicitation Statement/Prospectus in Connection with its Proposed Business Combination and its Proxy Statement in Connection with its Extension Meeting
U.S. Home Solar Battery Storage Solutions Provider Electriq Power to Merge with TLG Acquisition One Corp.
TLG Acquisition One Corp. Announces Ongoing Search for Business Combination