ProLogium to List on Nasdaq in 3.8 Billion Dollar SPAC Deal
ProLogium will go public via a 3.8 billion dollar SPAC merger to fund its French gigafactory. The deal supports mass production of solid-state batteries in 2029.
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Taiwan-based ProLogium will list on the Nasdaq via a $3.8 billion merger with TRANSLATIONAL DEVELOPMENT AC. The deal targets mass production of fourth-generation solid-state batteries at a new facility in France. This provides the capital necessary to challenge traditional lithium-ion dominance in the electric vehicle and aerospace sectors.
