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ESS Tech, Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

ACON S2 Acquisition Corp (Nasdaq: STWO), sponsored by Washington, D.C.-based private equity firm ACON Investments, completed a closed business combination with ESS Tech, Inc., an Oregon-based developer of iron flow battery systems for long-duration energy storage. The blank-check vehicle went public in 2020 and announced its merger with ESS Tech in May 2021, targeting the clean energy sector at a time of heightened investor interest in grid-scale storage technologies. Following the transaction's close, ESS Tech began trading on the New York Stock Exchange under the ticker GWH. Visit SpacDesk and sign up for full data, filings, and analytics on this deal and hundreds of other SPAC transactions.

Announced
2021-05-07
Closed
2021-10-15
PIPE Raised
$250–500M
Industry
Clean Energy

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
STWOACON S2 Acquisition CorpClosed2021-05-072021-10-15$250.0M$250.0MACON S2 Sponsor, L.L.C.