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Bird Global (Switchback II Corp.) Priced, NYSE: BRDS

Second blank check company formed by NGP and former RSP Permian execs targeting sustainable energy tech (completed 11/5/2021).

Industry: SPAC

First Day Return: +18.5%

Industry: SPAC

We are a blank check company. We intend to focus our search for a target business in the energy technology arena targeting industries that require sustainable and innovative solutions to decarbonize in order to meet critical emission reduction objectives. Our extensive sourcing network includes (i) business founders, owners and senior management contacts, (ii) private equity, financial investors and other sponsors of private businesses and (iii) industry professionals, including investment banking, legal, accounting and other industry focused experts. We believe that there are highly attractive investment opportunities that are accessible through our network of contacts which exist within our focus industries and also exhibit strong ESG profiles. We believe our management team’s experience and combined expertise provide us with unique insight to evaluate targets across numerous sectors, including energy technology, clean and renewable energy infrastructure, electric and autonomous mobility ecosystem, energy efficiency and battery storage, environmental solutions and services, hydrogen technology and infrastructure, renewable and bio fuels, waste to energy and recycling, among others. We plan to target companies that are at an inflection point in growth expectations that can utilize guidance on strategic positioning and capital optimization to accelerate business development, improve their business prospects and unlock the full potential of their business.
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Bird Global (Switchback II Corp.) (BRDS) Performance