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
The transaction represents a pro forma equity value of US$2.9 DeepGreen is developing a new, scalable source of EV battery metals in the form of polymetallic nodules found unattached on the seafloor in the Pacific Ocean. —Scott Leonard, CEO of SOAC.