Power & Digital Infrastructure Acquisition Corp.
XPDIW
NASDAQ2.57
USD
+0.17
- -
CIK
0001839341
Return %
Stock
S&P500
1Y
- -
26.53
3Y
97.69
76.60
5Y
97.69
80.11
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
- Patrick C. Eilers
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 321 North Clark Street Chicago IL United States of America
- IPO Date
- Apr 5, 2021
- CIK
- 0001839341
- Similar Companies
- Business
- Power & Digital Infrastructure Acquisition Corp. (XPDIW) is a blank check company, or special purpose acquisition company (SPAC), that focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities, primarily targeting opportunities in power and digital infrastructure sectors including blockchain, renewable energy, and frontier technology infrastructure; it offers no operational products or services prior to completing a business combination. The company, sponsored by XPDI Sponsor LLC and supported by investors such as BlackRock as anchor investor in its initial public offering, went public in February 2021 with approximately $345 million in proceeds and maintains cash in trust for deployment in a target acquisition. Incorporated in 2020, it is headquartered at 321 North Clark Street, Suite 2440, Chicago, Illinois, and operates with a lean structure of zero employees, led by CEO Patrick C. Eilers. In a major development, the company completed a definitive business combination with Core Scientific Holding Co. in January 2022 through a reverse merger transaction valued at approximately $4.3 billion, resulting in Core Scientific, Inc. (Nasdaq: CORZ) as the surviving public entity providing high-performance digital asset mining and blockchain hosting infrastructure across North America; post-merger, XPDI effectively ceased independent operations as the SPAC shell integrated into Core Scientific. XPDIW represents the outstanding public warrants from the original XPDI IPO, exercisable for shares of common stock at $11.50 per share with an expiration originally set for September 2026, and these warrants continue to trade actively on Nasdaq as of late 2025 with recent prices around $2.57. No further mergers, acquisitions, funding rounds, or strategic shifts have been reported for XPDIW itself in the last 1-2 years, reflecting its status as residual warrants tied to the completed Core Scientific transaction.