Live Breaking News & Updates on Peak Energy Transition
Stay updated with breaking news from Peak energy transition. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
IT Consulting & Other Services benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Dive Brief: Long duration energy storage company ESS Inc. is publicly listing its stock through a merger with a special purpose acquisition company (SPAC), the latest storage startup to go public through the expedited strategy. Oregon-based ESS manufacturers flow batteries, which it says have advantages over lithium-ion batteries because they rely on more abundant materials and are safer from the risk of fire or explosions. The public listing comes amid a flurry of storage and electric vehicle startups going public through the SPAC method, a more streamlined process than a traditional initial public offering (IPO). Last month, artificial intelligence-based storage system Stem Inc. announced the completion of its business combination with SPAC Star Peak Energy Transition, becoming the first pure-play smart energy storage company to go public in the U.S., according to a release. ....
Remember SPACs? Market Focuses on Earnings An expected quiet day in SPAC land, at least there was one deal announcement, as the market was undoubtedly more focused on big tech earnings. Author: Apr 27, 2021 Up and down day for stocks as the market was focused on mega-cap earnings reports due from the likes of MSFT, AMD, and GOOG. The tech heavy Nasdaq 100 dipped, while the S&P500 was relatively flat. Unsurprisingly, there was little mainstream attention towards SPACs today, although this morning did see a late deal announcement bringing the week s total to two. Expect deal flow to remain muted for the time being. ....
SPAC Stock Ideas for Friday (and Beware the SPAC Short Sellers) It may not feel like it, but the SPAC market may be on track to become healthier than ever. It s yield + optionality for the win. But, be careful as the field hasn t cleared yet and short sellers will make life hard for the SPACs and investors who buy into overly hyped financials and technology. Author: Yesterday s SPAC deal announcements were met with a tepid response by the market. D8 (DEH) was only up 0.9% to $10.07 on news of its deal to merge with Vicarious Surgical and Consonance-HFW Acquisition Corp (CHFW) ....
WhatsApp Star Peak Energy Transition Corp. (STPK) shares were falling -8.73% to trade at $27.49 in the current market at the last check. STPK’s stock closed the previous session at $30.12. The STPK stock volume remained 1.3 million shares. What is the recent news on STPK stock? On 12 th April 2021, STPK and Stem Inc. announced that they will host a fireside chat on that same day with IPO Edge at 2 pm EDT. The event will be broadcasted live and has also been announced by IPO Edge on their website. The event will feature the Chairman of STPK stock, Michael Morgan, and CEO of Stem, John Carrington. The moderator chosen for the event will be Editor-in-Chief of IPO Edge John Jannarone. The event’s agenda is to discuss merger/business combination and the session will last for 45 minutes along with a Q&A session with the audience ....