Low-carbon investor, Riverstone franchise affiliate announces IPO on August 10. Decarbonization Plus Acquisition Corporation IV, the affiliate of Riverstone, announced its initial public offering (“IPO”) price of 27,500,000 units at $10.00 per unit for listing on NASDAQ Capital Market (“NASDAQ”) to reflect as “DCRDU” starting August 11, 2021.
Further explaining the constituents of each unit, each comprises one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one of the Company’s Class A ordinary shares at $11.50 per share.
As per the company, once the securities of the units begin separate trading, the Class A ordinary shares and warrants will be on NASDAQ as “DCRD” and “DCRDW.” In this effort, Credit Suisse and Citigroup are working as joint book-running managers. The underwriters have a 45-day option to purchase up to an additional 4,125,000 units at the IPO price made using a prospectus.
Any entity who would like copies of the preliminary prospectus may contact Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, by telephone at 1-800-221-1037, or by email at usa.prospectus@credit-suisse.com. An interested person may also contact Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-800-831-9146.
The U.S. Securities and Exchange Commission (the “SEC”) has declared a registration statement to the securities effective on August 10, 2021. Decarbonization Plus Acquisition Corporation IV informs that this announcement is not an offer to sell or the solicitation of an offer to buy. There will be no sale of these securities in any state or jurisdiction. Such offer, solicitation or sale would be unlawful before registration or qualification under the securities laws of any such state or jurisdiction.
Riverstone Franchise affiliate Decarbonization Plus Acquisition Corporation IV is an expansion of Riverstone’s 15-year franchise in low-carbon investments. It has established industry-leading, scaled companies with more than $5 billion of equity invested in renewables. This IPO of Decarbonization Plus Acquisition Corporation IV adds to the breadth of Riverstone’s efforts and underscores the support from the firm’s long-term investors across its low-carbon platforms.
