Ticker Launch

SPAC · Merger completed

TLG Acquisition One Corp.

Business combination with Electriq Power, Inc.

TLG Acquisition One Corp. is a blank-check company (SPAC) that raised $350M in its initial public offering on Jan 29, 2021, listing on New York Stock Exchange. It completed its business combination with Electriq Power, Inc. on Jul 31, 2023; the combined company is Electriq Power Holdings, Inc. (ELIQ). Telecommunication Investment Banking led the IPO, with Credit Suisse and GAIN Capital. Gibson Dunn advised the SPAC and Skadden, Arps advised the underwriters on the IPO.

Electriq Power offers an end-to-end home and small business energy storage and management solution, serving the U.S. residential solar market. It agreed to list on the NYSE through a business combination with TLG Acquisition One Corp.

Status
Merger completed
IPO date
Jan 29, 2021
IPO size
$350M
IPO exchange
New York Stock Exchange
Target
Electriq Power, Inc.
Announced
Nov 14, 2022
Closed
Jul 31, 2023
Combined company
Electriq Power Holdings, Inc. (ELIQ)
IPO underwriters
Telecommunication Investment Banking, Credit Suisse, GAIN Capital, Managing Director of Sumeru Equity Partners, Corio and Oracle
SPAC counsel (IPO)
Gibson Dunn
Underwriters' counsel (IPO)
Skadden, Arps

More on this SPAC for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Then $99/month or $999/year. Cancel anytime.

Filings

Other deSPACs that closed in 2023