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Fast Radius (ECP Environmental Growth Opportunities) Priced, Nasdaq: FSRD.XX

Blank check company formed by Energy Capital Partners targeting businesses combatting climate change (completed 2/4/2022).

Industry: SPAC

First Day Return: +12.8%

We are a newly organized blank check company. We intend to focus our search for a business combination target on, and use ECP’s and our directors’ and officers’ vast transactional experience and deep networks to pursue, businesses located in North America that concentrate on combatting climate change by decreasing the carbon intensity of energy production, increasing the efficiency of industrial and consumer-related activities, expanding electricity storage and distribution, and improving the overall sustainability of the economy through efforts to lower pollution and increase beneficial reuse. Specifically, our investment thesis can be viewed through two thematic lenses: (i) from the transition to electric-powered technologies across the economy (“electrification”) and (ii) from sustainable technology and services. ECP has differentiated domain expertise and a proven track-record making significant investments that are directly applicable to our focus areas. We plan to target investments that could benefit from ECP’s value-add, hands-on approach to operations, strategy and effective corporate governance, established over more than 15 years of investing together as principals in public and private business models.
IPO Data
IPO Date 02/08/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $300
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Summit, NJ, United States
Founded 2020
Employees at IPO 7
Website www.ecpartners.com

Fast Radius (ECP Environmental Growth Opportunities) (FSRD.XX) Performance

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