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ESS Tech, Inc. (NYSE:GWH) has appointed Claudia Gast to its Board of Directors, enhancing its leadership as the company expands operations globally. With over 15 years of experience in finance and mergers and acquisitions, Gast replaces Shirley Speakman, who is stepping down to focus on early-stage investments. Gast's roles include CFO of Global Technology Acquisition Corp. and co-founder of Greentrail Capital. CEO Eric Dresselhuys emphasized Gast's expertise in scaling companies and international growth, pivotal for ESS's mission in sustainable energy solutions.
Global Technology Acquisition Corp. I (GTACU) has successfully closed its initial public offering, issuing 20 million units at $10.00 per unit, raising total gross proceeds of $200 million. The offering was upsized from 15 million units, with 2.5 million units sold due to the underwriter’s over-allotment option. Each unit comprises one Class A ordinary share and half a redeemable warrant, with full warrants allowing purchase of shares at $11.50 each. GTACU aims to undertake mergers and acquisitions primarily targeting technology sectors in Europe, Latin America, and the US.
Global Technology Acquisition Corp. I (GTACU) announced its initial public offering of 17.5 million units at $10.00 each, set to trade on Nasdaq starting October 21, 2021. Each unit includes one Class A ordinary share and half a redeemable warrant, with full warrants priced at $11.50 per share. The company aims to merge or acquire technology firms in Europe, Latin America, and the U.S. The management team consists of experienced executives in the tech sector, supported by Citigroup and Goldman Sachs as joint book-running managers for the offering.
