TLG Acquisition One Corp.
TLGA-WT
New York Stock Exchange0.01
USD
- -
- -
CIK
0001827871
Return %
Stock
S&P500
1Y
-82.95
18.21
3Y
-82.95
63.29
5Y
-82.95
74.90
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001827871
- Similar Companies
- Business
- TLG Acquisition One Corp. is a special purpose acquisition company (SPAC) formed by The Lawrie Group, specializing in effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations. The company was founded with the primary intent to acquire or merge with one or more businesses, operating under its holding structure without significant operations of its own. In its latest major strategic move, TLG Acquisition One Corp. completed a business combination with Electriq Power, Inc., a Silicon Valley-based provider of intelligent energy storage and management solutions for residential and small business customers. This transaction, completed in July 2023, transformed the combined entity into Electriq Power Holdings, Inc., which now operates publicly under the ticker symbol ELIQ on the New York Stock Exchange. The merger facilitated a substantial equity raise exceeding $45 million, supplemented by over $300 million in pre-secured project equity financing, aimed at accelerating the deployment of Electriq’s end-to-end clean energy storage and management systems that include turnkey intelligent energy storage systems and software-enabled services designed to provide resilient, affordable, and clean energy solutions. TLG Acquisition One Corp., founded in Delaware and formerly headquartered in West Palm Beach, Florida, transitioned following the merger into this cleantech-focused business, marking a significant operational shift from a SPAC to a technology-driven energy solutions provider targeting markets across the U.S. and municipalities aiming for sustainable energy resources. The company leverages partnerships, private investment in public equity placements (PIPEs), and strategic financing to support growth and innovation in distributed energy storage and grid management technology. This transformation underscores TLG's strategic pivot toward renewable energy infrastructure and reflects its future-facing business expansion into clean energy technology markets.