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Zimmer Energy Transition Acquisition Priced, Nasdaq: ZTAQU

Blank check company formed by Zimmer Partners targeting the energy transition and sustainability space (liquidated).

Industry: SPAC

Latest Trade: $10.23 +0.23 (+2.3%)

First Day Return: +0.5%

Return from IPO: 0.0%

Industry: SPAC

We are a blank check company. Although we may pursue an acquisition opportunity in any business or industry, we intend to capitalize on the Zimmer platform to identify, acquire and operate a business in industries that may provide opportunities for attractive risk-adjusted returns in the energy value chain in North America, with a focus on energy transition and sustainability. This broadly includes environmental, social and governance growth-focused companies in the energy, industrial and infrastructure sectors. Our primary areas of focus include products, equipment, services and technologies enabling the continued energy transition in the United States. We plan to target companies that serve rapidly growing segments in the clean energy ecosystem, including renewable power generation, energy storage, the distributed electrical grid, zero-emission transportation, zero / low-carbon industrial applications and renewable financing. We believe that market leaders within these high-impact segments can deliver superior long-term returns to equity investors and that these areas of focus represent a favorable and highly fragmented market opportunity to consummate a business combination.
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IPO Data
IPO File Date 06/07/2021
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 06/15/2021
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
Citi
Barclays
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees 3

Zimmer Energy Transition Acquisition (ZTAQU) Performance