Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal

Taiwan

May 27 : Taiwanese battery maker ProLogium Technology will go public in New York through a merger with blank-check vehicle Translational Development Acquisition Corp in a $3.8 billion deal, the companies announced on Wednesday. Here are some details of the deal: • The deal will provide ProLogium with funds to scale the production of its fourth-generation solid-state batteries and the construction of its new gigafactory in Dunkirk, France. • It will also allow ProLogium to expand into growth

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