- SPACs
- Decarbonization Plus Acquisition Corp
Decarbonization Plus Acquisition Corp
Completed 2021-07-16- CIK 1716583
- DCRB
- Now HYZN
- IPO 2020-10-21
- $226M trust
- 606 filings
Successfully merged with Hyzon Motors Inc. • Now trading as HYZN
- IPO Size
- $226M
- raised at the IPO
- Trust
- $226M
- as of 2021-06-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2020
- year it listed
Filings, by quarter
606 filings over 20 quarters; violet bars carry a milestone
- 20 Q3: 5 filings
- 20 Q4: 33 filings
- 21 Q1: 14 filings
- 21 Q2: 38 filings
- 21 Q3: 70 filings
- 21 Q4: 8 filings
- 22 Q1: 20 filings
- 22 Q2: 21 filings
- 22 Q3: 12 filings
- 22 Q4: 28 filings
- 23 Q1: 30 filings
- 23 Q2: 43 filings
- 23 Q3: 36 filings
- 23 Q4: 30 filings
- 24 Q1: 25 filings
- 24 Q2: 52 filings
- 24 Q3: 80 filings
- 24 Q4: 31 filings
- 25 Q1: 29 filings
- 25 Q2: 1 filing
- S-1 filed 20 Q3
- IPO 20 Q4
- Definitive agreement 21 Q1
- Completed 21 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2020-08-20 Filed S1
- IPO2020-10-21 IPO, search begins
- Definitive Agreement2021-02-08 Agreement for merger
- Completed2021-07-16 Merger Completed
About
Decarbonization Plus Acquisition Corp. is a blank-check company seeking an initial business combination, leveraging Riverstone’s platform in industries tied to global decarbonization.
Investment Focus
Energy, Agriculture, Industrial, Transportation
Key Information
As the filings state it
- IPO Date
- 2020-10-21
- Total Redemptions
- $20.9M
- PIPE
- $355M
- SIC
- 6770
- Completion Date
- 2021-07-16
- Merger Target
- Hyzon Motors Inc.
- SPAC Ticker
- DCRB
- Merged Ticker
- HYZN
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team leverages Riverstone’s energy and decarbonization investment experience. CEO Erik Anderson has entrepreneurial and investment experience, and lead independent director Jim McDermott has extensive clean-tech investment and company-building experience; the board also includes Riverstone leaders and experienced executives.