Montana Technologies to combine with SPAC Power & Digital Infrastructure Acquisition II Corp

Montana Technologies LLC, developer of AirJoule HVAC and water harvesting technology, announced a business combination with Power & Digital Infrastructure Acquisition II Corp, a SPAC. The deal implies a pro forma enterprise value of $500 million and will result in Montana Technologies becoming publicly listed on NASDAQ.

“Montana Technologies LLC and Power & Digital Infrastructure Acquisition II Corp today announced that they have entered into a business combination to commercialize Montana Technologies' unique solution.”prnewswire.com

• 1 source
• prnewswire.comMontana Technologies to Combine with Power & Digital Infrastructure Acquisition II Corp. to Commercialize its Transformational AirJoule™ Technology to Revolutionize and Accelerate Decarbonization of HVAC Systems and Water SupplyMontana TechnologiesJun 5, 2023

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