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Energy Vault Holdings, Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Novus Capital Corporation II, a blank check company that traded on the Nasdaq under the ticker NXU, completed its business combination with Energy Vault Holdings, Inc. in February 2022, bringing the gravity-based energy storage developer into the public markets. Novus Capital Corporation II conducted its initial public offering in 2021 and targeted the clean energy sector. Energy Vault designs and deploys grid-scale energy storage systems utilizing gravity and composite-material technologies intended to complement utility-scale renewable power generation. The transaction is now closed, with the combined company having operated as a publicly traded clean energy enterprise following the merger. Sign up for full data on SpacDesk to access complete filing histories, deal timelines, and analytics across the entire SPAC universe.

Announced
2022-02-11
Closed
2022-02-14
PIPE Raised
$100–250M
Industry
Clean Energy

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
NXUNovus Capital Corporation IIClosed2022-02-112022-02-14$195.0M$150.0MNovus Capital