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TortoiseEcofin Acquisition III Priced, NYSE: TRTL

Third blank check company led by Vincent Cubbage targeting the energy transition and sustainability arena (liquidated).

Industry: SPAC

Latest Trade: $10.98 0.00 (0.0%)

First Day Return: -1.0%

Return from IPO: +9.8%

Industry: SPAC

We are a blank check company. We intend to focus our search for a target business in the broad energy transition or sustainability arena targeting industries that require innovative solutions to decarbonize in order to meet critical emission reduction objectives. We believe our management team, together with the broader Tortoise Ecofin Platforms, which are affiliates of our sponsor, are well suited to identify opportunities that create a positive environmental impact, exhibit strong Environmental, Social and Governance ("ESG") attributes and have the potential to generate attractive risk-adjusted returns for our shareholders, although we may pursue a business combination opportunity in any business or industry. We believe that we will benefit from the valuable experience gained by our management team during the launch and operation of Tortoise Acquisition II and Tortoise Acquisition I, including the process of evaluating numerous target companies and industry sectors, selecting Volta and Hyliion as business combination partners and negotiating the terms of the business combination agreements and all of the related financing transactions.
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IPO Data
IPO File Date 02/26/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/19/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Barclays
Goldman Sachs
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Company Data
Headquarters Overland Park, KS, United States
Founded 2021
Employees at IPO 5
Website tortoiseecofin.com

TortoiseEcofin Acquisition III (TRTL) Performance