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Power & Digital Infrastructure II and Montana Technologies Add $5M PIPE, JV to Deal

AirJoule is a renewable and cooling technology.

Announced last June, the deal is expected to provide approximately $421.9 million. The deal also includes up to $200 million in earn-out shares based on certain performance metrics post-merger.

The SPAC raised $250 million in a December 2021 IPO. Read more.


Source: Power & Digital Infrastructure II and Montana Technologies Add M PIPE, JV to Deal

Tags: SPACs