Boards of Complete Solaria and Freedom Acquisition I Corp. Approve Business Combination; Additional $10M Commitment Made by T.J. Rodgers
Portfolio Pulse from Benzinga Newsdesk
The Boards of Directors of Complete Solaria, Inc. and Freedom Acquisition I Corp. (NYSE:FACT) have approved a proposed business combination. Additionally, a $10 million commitment has been made by T.J. Rodgers in connection with the proposed business combination. This transaction will help Complete Solaria to scale to meet demand and support the acceleration of the global energy transition.
July 13, 2023 | 12:04 pm
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Freedom Acquisition I Corp. (NYSE:FACT) has approved a business combination with Complete Solaria, Inc. This could potentially increase the company's market presence and support the global energy transition.
The approval of the business combination between Freedom Acquisition I Corp. and Complete Solaria, Inc. could potentially increase the company's market presence. The additional $10 million commitment from T.J. Rodgers could provide further financial stability for the company, which could positively impact the company's stock price in the short term.
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