Power & Digital Infrastructure Acquisition Ii Corp. - XPDBU STOCK NEWS

Power & Digital Infrastructure Acquisition II Corp. (NASDAQ: XPDBU) announced that starting January 31, 2022, holders of its initial public offering units can separately trade shares of Class A common stock and warrants. The IPO, which included 28,750,000 units, was completed on December 14, 2021. Shares will trade under the symbols XPDB for common stock and XPDBW for warrants. Unitholders must contact the transfer agent, Continental Stock Transfer & Trust Company, to facilitate this separation.

Power & Digital Infrastructure Acquisition II Corp. has successfully completed its initial public offering, raising $287,500,000 by selling 28,750,000 units at $10.00 each. The offering included the over-allotment option exercised in full. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant. Post-offering, the securities will trade on Nasdaq under the symbols “XPDB” and “XPDBW.” Barclays and BofA Securities served as joint book-running managers. This IPO positions the Company for future business combinations.

Power & Digital Infrastructure Acquisition II Corp. has announced the pricing of its initial public offering (IPO) for 25,000,000 units at $10.00 each. The offering, which begins trading under the ticker symbol XPDBU on December 10, 2021, consists of one share of Class A common stock and one-half of a redeemable warrant. The IPO is expected to close on December 14, 2021. Barclays and BofA Securities are joint book-running managers for the offering, which includes an option for underwriters to purchase an additional 3,750,000 units.