Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company
Green Car Congress
MARCH 5, 2021
Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and. DeepGreen Metals Inc., The transaction represents a pro forma equity value of US$2.9 billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.”
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