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Decarbonization Plus Acquisition Corporation III (DCRCU) announced that starting May 14, 2021, holders of its IPO units can trade Class A common stock and warrants separately on NASDAQ. The Class A common stock will trade under the symbol DCRC, and warrants under DCRCW. Unseparated units will continue to trade as DCRCU. This move provides investors with more flexibility but does not constitute an offer to sell securities in jurisdictions where it would be unlawful.
Decarbonization Plus Acquisition Corporation III announced the launch of its IPO, offering 35,000,000 units at $10.00 each. The offering also includes a 45-day option for underwriters to purchase an additional 5,250,000 units. Each unit consists of one share of Class A common stock and one-third of a redeemable warrant, with an exercise price of $11.50 per share. The securities will be listed on NASDAQ under the ticker symbol DCRCU. The company aims to focus on decarbonization in various sectors, supported by Riverstone Investment Group.
