Electriq Power, Inc. has completed its merger with TLG Acquisition One Corp. and will begin trading on the NYSE under the ticker 'ELIQ', aiming to leverage growth opportunities in the energy storage market.
Information on the Target
Electriq Power, Inc. is a leading provider of intelligent energy storage and management solutions aimed at homes and small businesses. Founded in 2014 in Silicon Valley, Electriq Power focuses on delivering reliable, low-cost clean energy alternatives. Their innovative technology ensures access to energy even during outages or adverse weather conditions, contributing to sustainable and resilient energy sources for various communities.
With the completion of its merger with TLG Acquisition One Corp., Electriq will now operate under the name Electriq Power Holdings, Inc. Effective immediately, its common stock will be traded on the New York Stock Exchange under the ticker symbol 'ELIQ', while its warrants will trade under the symbol 'ELIQ WS'. This merger represents a significant step for Electriq as it enhances its operational capabilities and overall market presence.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Target’s Specific Country
The energy storage industry is rapidly evolving, driven by the increasing shift towards renewable energy sources and the growing demand for decentralized energy solutions in the Un
Similar Deals
Tres Energy LLC → Adams Resources & Energy, Inc.
2025
Clean Royalties, LLC → iSun, Inc.
2024
AMCI Acquisition Corp. II → LanzaTech Global
2023
Switchback Energy Acquisition Corporation → ChargePoint, Inc.
2023
GigInternational1, Inc. → Convalt Energy, Inc.
2023
TLG Acquisition One Corp.
invested in
Electriq Power, Inc.
in 2023
in a Public-to-Private (P2P) deal
Disclosed details
Transaction Size: $345M
Equity Value: $45M