Hyzon Motors to acquire Decarbonization Plus Acquisition Corporation in reverse merger

Hyzon Motors Inc. entered into a definitive agreement to acquire Decarbonization Plus Acquisition Corporation in a reverse merger transaction valued at $2.1 billion enterprise value. The deal includes a $400 million PIPE investment.

“This transaction reflects a $2.1 billion enterprise value for Hyzon with a strong balance sheet.”marketscreener.com

• 1 source
• marketscreener.comHYZON Motors Inc entered into letter of intent to acquire Decarbonization Plus Acquisition Corporation from Luxor Capital Group, LP, Decarbonization Plus Acquisition Sponsor III LLC, Adage Capital Management, L.P. and others in a reverse merger transaction for $2 billion.S&P Capital IQFeb 8, 2021

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