SBE DD (September 8, 2020)

  • Price: 10.35 (equity) and 1.51 (warrants)
  • O/S: 31,411,763
  • Cash: 315M
  • Target sector: "the Company intends to focus its search for a target business in the energy industry in North America"
  • SPAC URL: switchback-energy.com
  • Management Team: switchback-energy.com/team
  • Must Merge Date: July 30, 2021
  • Hotness: Recent (July 2020) addition of Ray Kubis to the board of directors - all his experience is in battery tech.  I'd guess that they are not going to go with an old line energy acquisition here and go for something sexy in the EV/battery tech/electrification space.
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Maverick - 3 years ago
The warrants are showing some life - had record volume today.

I took a bite at 1.50 for initial position.

I'll take some more if volume continues.

Switchback Energy Acquisition Corp - SBE

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