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TDAC

Translational Development Acquisition Corp

TDAC

Market cap $235M

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Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal

Taiwanese battery maker ProLogium Technology will go public in New York through a merger with blank-check vehicle Translational Development Acquisition Corp in a $3.8 ‌billion deal, the companies announced on Wednesday.

Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal

ProLogium, a Next Generation Solid-State Battery Developer with 10+ Years of Proven Commercialization, to List on the Nasdaq through a Merger with Translational Development Acquisition Corp.

ProLogium reached commercial-scale manufacturing for solid-state batteries in 2013, later delivered the world's first solid-state battery demo car with ENOVATE Motor in 2019. ProLogium has shipped a total of over 2.4 million battery cells to customers since 2013, of which more than 800,000 are its 3 rd -generation batteries from the Gigafactory in Taiwan.

ProLogium, a Next Generation Solid-State Battery Developer with 10+ Years of Proven Commercialization, to List on the Nasdaq through a Merger with Translational Development Acquisition Corp.

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