Boards of Complete Solaria and Freedom Acquisition I Corp. Approve Business Combination; Additional $10M Commitment Made by T.J. Rodgers
Benzinga Newsdesk 3 years ago
M&ANews
The Boards of Directors of Complete Solaria, Inc. ("Complete Solaria" or the "Company") and Freedom Acquisition I Corp. ("Freedom") (NYSE:FACT), today announced approval of the
The Boards of Directors of Complete Solaria, Inc. ("Complete Solaria" or the "Company") and Freedom Acquisition I Corp. ("Freedom") (NYSE:FACT), today announced approval of the proposed business combination. In addition, Complete Solaria and Freedom announced a $10 million commitment from T.J. Rodgers in connection with the proposed business combination.
The proposed business combination would bring Complete Solaria to market, as a full system operator with a compelling end to end customer offering including best-in-class technology, financing, project fulfilment, and service. This transaction will help the company to continue to scale to meet demand, further supporting the acceleration of the global energy transition.