Hydrogen fuel cell truck manufacturer Hyzon Motors is set to become a publicly listed company on the Nasdaq through a $US2.7 billion merger agreement.  The New York-based company will combine its business with Decarbonization Plus Acquisition Corporation (DCRB) to form a special purpose acquisition company (SPAC).  The deal will provide gross proceeds of around US$626 million, including a US$400m fully committed common stock PIPE at US$10 per share.  Institutional investors include funds and accounts managed by BlackRock, the Federated Hermes Kaufmann Funds, Fidelity Management & Research Company LLC, Wellington Management and Riverstone Energy Limited.  Hyzon Motors was launched in March … Continue reading Hydrogen truck firm Hyzon Motors to go public in $2.7b merger