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Kadem Sustainable Impact Corp Priced, Nasdaq: KSICU

Blank check company targeting electric vehicles, energy storage and distribution, and mobility technology (liquidated).

Industry: SPAC

Latest Trade: $10.13 +0.26 (+2.6%)

First Day Return: -0.5%

Return from IPO: -1.3%

Industry: SPAC

We are a newly organized blank check company, with a focus on environmental, social and corporate governance ("ESG"). While we may pursue an acquisition opportunity in any business, industry, sector, or geographical location, we intend to focus our search for a target business in the electric vehicle, energy storage and distribution, or mobility technologies ecosystem. We hope to offer public market investors the opportunity to capitalize on the long-term trends favorably impacting our target sectors including, but not limited to, the growing adoption of electric vehicles, increasing focus on affordability and charge time of next generation batteries, and growing emphasis on enabling mobility technologies required for advanced driver assistance systems (ADAS), autonomous vehicles (AV), connected vehicles, ride-sharing and mobility services. We believe our management team is well-suited to identify and act on opportunities that have the potential to generate attractive risk-adjusted returns for our stockholders and offer public market investors access and direct investment exposure to these trends. We are led by Secretary Ray Mabus, our Chairman, Charles Gassenheimer, our Chief Executive Officer, Raj Chudgar, our President, and Golchehreh Abtahian, our Chief Financial Officer.
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IPO Data
IPO File Date 02/26/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/16/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BMO Capital Markets
Academy Securities
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Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 4
Website www.kademsustainableimpact.com

Kadem Sustainable Impact Corp (KSICU) Performance