- SPACs
- TortoiseEcofin Acquisition Corp. III
TortoiseEcofin Acquisition Corp. III
Liquidated 2024-08-08- CIK 1847112
- TRTL
- IPO 2021-07-21
- $170M trust
- 170 filings
- IPO Size
- $300M
- raised at the IPO
- Trust
- $170M
- as of 2024-06-30
- Current Status
- Failed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
170 filings over 16 quarters; violet bars carry a milestone
- 21 Q1: 2 filings
- 21 Q2: 10 filings
- 21 Q3: 30 filings
- 21 Q4: 2 filings
- 22 Q1: 8 filings
- 22 Q2: 1 filing
- 22 Q3: 1 filing
- 22 Q4: 6 filings
- 23 Q1: 6 filings
- 23 Q2: 2 filings
- 23 Q3: 34 filings
- 23 Q4: 9 filings
- 24 Q1: 18 filings
- 24 Q2: 26 filings
- 24 Q3: 13 filings
- 24 Q4: 2 filings
- S-1 filed 21 Q1
- IPO 21 Q3
- Liquidated 24 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2021-02-26 Filed S1
- IPO2021-07-21 IPO, search begins
- Definitive AgreementNo merger agreement yet
- Failed2024-08-08 Failed
About
TortoiseEcofin Acquisition Corp. III is a blank-check company formed to complete an initial business combination. It will focus its search on energy transition or sustainability companies with innovative solutions for decarbonization, while retaining the ability to pursue a business combination in any industry.
Investment Focus
Energy
Key Information
As the filings state it
- IPO Date
- 2021-07-21
- Total Redemptions
- $181M
- SIC
- 6770
- Failed Date
- 2024-08-08
- SPAC Ticker
- TRTL
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by energy and investment executives Vincent Cubbage and Stephen Pang, the team has prior SPAC experience with Tortoise Acquisition I and II, including completing a combination with Hyliion and announcing one with Volta. The team and sponsor have experience in energy transition, infrastructure, public and private investments, capital markets, transactions and operating businesses.