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Battery Future Acquisition Corp (BFACU) is a special purpose acquisition company (SPAC) focused on acquiring a business in the battery and energy storage sector. With a strong leadership team and strategic partnerships, BFACU aims to capitalize on the growing demand for sustainable energy solutions.
The company is currently evaluating potential targets in the battery technology and renewable energy space, with a focus on innovative companies driving the transition to a clean energy future.
BFACU's financial position is robust, providing them with the flexibility to pursue high-quality acquisition opportunities that align with their mission and goals.
Battery Future Acquisition Corp. has successfully closed its initial public offering (IPO) of 34.5 million units at $10.00 each, raising a substantial capital. The offering included 4.5 million units from the underwriters’ over-allotment. Listing commenced on the NYSE under the ticker symbol BFAC.U on December 15, 2021. Each unit comprises one Class A ordinary share and one-half warrant, which can be exercised at $11.50 per share. The firm aims to target businesses in the electrification sector, particularly within the battery value chain.
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