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Volta Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Tortoise Acquisition Corp II, trading under the ticker SNPR, was a blank-check company sponsored by Tortoise Capital Advisors, an energy-focused investment manager based in Leawood, Kansas. The SPAC completed its IPO in 2020 and targeted the electric vehicle infrastructure sector. On February 8, 2021, Tortoise Acquisition Corp II announced a business combination with Volta Inc., an operator of EV charging networks that monetized station locations through digital advertising displays. The transaction subsequently closed, and the combined company began trading as Volta Industries before the deal was ultimately marked closed. Visit SpacDesk and sign up for full data, filings, and deal analytics on SNPR and hundreds of other SPAC transactions.

Announced
2021-02-08
Closed
2021-09-01
PIPE Raised
$250–500M
Industry
Electric Vehicles

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
SNPRTortoise Acquisition Corp IIClosed2021-02-082021-09-01$345.0M$300.0MTortoise Sponsor II LLC