Renaissance Capital logo

Carbon Revolution (Twin Ridge Capital Acquisition) Priced, NYSE: CREV

Blank check company formed by Twin Ridge Capital targeting the consumer and distribution sectors (completed 10/19/2023).

Industry: SPAC

First Day Return: -0.5%

Industry: SPAC

We are a newly organized blank check company. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target regarding entering into a business combination with us. We will seek to capitalize on the nearly 100 years of combined investing and operating experience of our management team. We believe our management team is uniquely qualified to identify, acquire and operate businesses that can benefit from our industry, operating and investment experience, and the established relationships of our management team, Industry Advisors and board of directors to generate attractive risk-adjusted returns for our stockholders. While we may pursue an initial business combination target in any business, industry or geographical location, we intend to focus our search broadly within the consumer and distribution related and adjacent industries. Investment opportunities will be sourced through our proprietary and differentiated network and deep relationships with executives, advisors, and intermediaries built over decades of investing in and operating consumer and distribution businesses.
more less
IPO Data
IPO File Date 01/22/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/03/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $200
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Menlo Park, CA, United States
Founded 2021
Employees at IPO 2
Website www.twinridgecapital.com

Carbon Revolution (Twin Ridge Capital Acquisition) (CREV) Performance