BMW-Backed Solid Power Seals SPAC Deal at $1.2 Billion Valuation
3:58am PDT - June 15th, 2021 gillian anderson - BloombergSolid Power, a maker of solid-state batteries backed by Ford Motor Co. and BMW AG, confirmed it’s agreed to merge with a blank-check firm in a deal that values the combined company at about $1.2 billion.