Battery Future Acquisition Corp.
Completed 2025-04-04- CIK 1880441
- BFAC
- Now KIDZ
- IPO 2021-12-17
- $41.9M trust
- 131 filings
Successfully merged with Class Over Inc. • Now trading as KIDZ
- IPO Size
- $345M
- raised at the IPO
- Trust
- $41.9M
- as of 2024-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
131 filings over 17 quarters; violet bars carry a milestone
- 21 Q3: 2 filings
- 21 Q4: 21 filings
- 22 Q1: 4 filings
- 22 Q2: 3 filings
- 22 Q3: 1 filing
- 22 Q4: 4 filings
- 23 Q1: 3 filings
- 23 Q2: 7 filings
- 23 Q3: 6 filings
- 23 Q4: 13 filings
- 24 Q1: 19 filings
- 24 Q2: 25 filings
- 24 Q3: 4 filings
- 24 Q4: 10 filings
- 25 Q1: 4 filings
- 25 Q2: 3 filings
- 25 Q3: 2 filings
- S-1 filed 21 Q3
- IPO 21 Q4
- Definitive agreement 24 Q2
- Completed 25 Q2
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Battery Future Acquisition Corp. is a blank-check company seeking an initial business combination with a company in battery materials, battery-related midstream processing, battery and component manufacturing, or the broader battery value chain and recycling. It excludes companies with principal business operations in China.
Investment Focus
Materials, Manufacturing
Key Information
As the filings state it
- IPO Date
- 2021-12-17
- Total Redemptions
- $395M
- PIPE
- $5M
- Jurisdiction of Incorporation
- Cayman Islands
- SIC
- 6770
- Completion Date
- 2025-04-04
- Merger Target
- Class Over Inc.
- SPAC Ticker
- BFAC
- Merged Ticker
- KIDZ
Stock Performance
KIDZTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2025-04-07 | $4.01 | |
| 6 Months Post-Merger | 2025-10-06 | $1.16 | -70% |
| 1 Year Post-Merger | 2026-04-06 | $3.12 | -20% |
| Current Price | 2026-10-14 | $1.77 | -56% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The management team and director nominees bring experience in mining and metals, battery materials, processing and recycling, energy transition, commodity research, investment banking, corporate finance, and international business development.