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Broadscale Acquisition Priced, Nasdaq: SCLE

Blank check company led by Broadscale's Andrew Shapiro targeting decarbonization businesses (liquidated).

Industry: SPAC

First Day Return: +5.4%

We are a newly organized blank check company incorporated as a Delaware corporation formed for the purpose of effecting a merger, share purchase, reorganization, capital stock exchange, asset acquisition, reorganization or similar business combination with one or more businesses. Although we may pursue an acquisition opportunity in any business or industry, we intend to focus on opportunities that transform traditional industries in positive ways and generate tangible improvements to the well-being of the global population, particularly with respect to energy, transportation, buildings, manufacturing, and food and agriculture. Our primary focus will be on solutions driving the decarbonization of the economy, as nations, companies, stakeholder groups, and individuals increasingly demand the use of low-carbon and resource-efficient solutions that will enable society to mitigate and adapt to climate change. To meet these demands, the global energy ecosystem requires $69 trillion of capital investment through 2040, according to the International Energy Agency (“IEA”).
IPO Data
IPO Date 02/11/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $300
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Philadelphia, PA, United States
Founded 2020
Employees at IPO 3
Website broadscalespac.com

Broadscale Acquisition (SCLE) Performance

Created with Highcharts 10.3.2Chart context menuSCLE vs. IPO Index (IPOUSA)Apr '21Jul '21Oct '21Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '250%-75%-50%-25%+ 25%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index