Power & Digital Infrastructure Acquisition Corp.
Completed 2022-01-19- CIK 1839341
- XPDI
- Now CORZ
- IPO 2021-02-11
- $345M trust
- 674 filings
Successfully merged with Core Scientific Holding Co. • Now trading as CORZ
- IPO Size
- $345M
- raised at the IPO
- Trust
- $345M
- as of 2021-12-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
674 filings over 24 quarters; violet bars carry a milestone
- 21 Q1: 31 filings
- 21 Q2: 3 filings
- 21 Q3: 9 filings
- 21 Q4: 28 filings
- 22 Q1: 34 filings
- 22 Q2: 28 filings
- 22 Q3: 33 filings
- 22 Q4: 31 filings
- 23 Q1: 11 filings
- 23 Q2: 13 filings
- 23 Q3: 11 filings
- 23 Q4: 19 filings
- 24 Q1: 53 filings
- 24 Q2: 42 filings
- 24 Q3: 38 filings
- 24 Q4: 24 filings
- 25 Q1: 43 filings
- 25 Q2: 29 filings
- 25 Q3: 36 filings
- 25 Q4: 41 filings
- 26 Q1: 37 filings
- 26 Q2: 38 filings
- 26 Q3: 37 filings
- 26 Q4: 5 filings
- S-1 filed 21 Q1
- IPO 21 Q1
- Definitive agreement 21 Q3
- Completed 22 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Power & Digital Infrastructure Acquisition Corp. is a blank-check company seeking a business combination in the U.S. electrical power grid transition and digital infrastructure landscape, including renewable power generation, grid integration and high-density energy consumers such as data centers and blockchain infrastructure.
Investment Focus
Renewable Energy, Technology, Infrastructure, Blockchain
Geographic Focus
United States
Key Information
As the filings state it
- IPO Date
- 2021-02-11
- Total Redemptions
- $123M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2022-01-19
- Merger Target
- Core Scientific Holding Co.
- SPAC Ticker
- XPDI
- Merged Ticker
- CORZ
Stock Performance
CORZTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2024-01-24 | $5.55 | |
| 6 Months Post-Merger | 2024-01-24 | $3.44 | 0% |
| 1 Year Post-Merger | 2024-01-24 | $3.44 | 0% |
| 2 Years Post-Merger | 2024-01-24 | $3.44 | 0% |
| Current Price | 2026-10-16 | $13.48 | +143% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team brings together professionals from EPTP, XMS and AP. Their backgrounds include renewable and transition energy investing, financial and M&A advisory, and bitcoin mining, high-voltage electrical infrastructure and data centers.