To effect a cashless exercise, you would be deemed to pay the Exercise Price by surrendering the fair market value of the Common Stock calculated by the reference table set forth on page 236 of the Companys final prospectus (Registration No. What are the benefits of exercising my Public Warrants on a cashless basis? American Consumer News, LLC dba MarketBeat 2010-2023. Except as required by law, ACON S2 and ESS are not undertaking any obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. The objective is to promote the joint development of solid-state battery technology. No significant news for in the past two years. What is the Penalty for Excess Contributions to an IRA? ACON S2 is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. ESS Techs battery is environmentally sustainable and can accelerate the clean-energy transition. 2021. Chart reflects economic ownership. Did you follow all of that? 2% PHEV + BEV Penetration 90M+ vehicles produced annually represents in excess of $450B of potential battery sales annually Energy / Capacity > 300 mile range Cost < $30K, 300 mile EVs Safety Solid, non-oxidizable separator Battery Lifetime > 12 years, > 150,000 miles Fast Charging Charge in < 15 minutes Massive Untapped Demand If Batteries Meet Mass Market Requirements Customer Requirements For Mass Market Adoption, Source: Placke et al. Connor Clark & Lunn Investment Management Ltd. Charles Schwab Investment Management Inc. Healthcare of Ontario Pension Plan Trust Fund. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. You should also read the forward-looking disclaimers in our Form 10-Q for the quarter ended March 31, 2023, and information on the calculation of non-GAAP financial measures that is posted on the Investor Relations portion of our website: www.gs.com. 1125 N. Charles St, Baltimore, MD 21201. As with any new IPO, some volatility is to be expected. 101 FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Copyright How much institutional buying is happening at ESS Tech? The company raised approximately $308 million from the SPAC merger deal. Investor presentation H1 -FY21 30 September 2020 | 5 Nov 2020 .
ESS Inc. Schedules First Quarter 2023 Financial Results and Operational Panasonic group presentation materials for management meetings. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Risk Factors section of ACON S2s registration on Form S-1 (File No. The company was founded in 2011 and is . ESS Inc. currently does not have a direct stock purchase plan. Many factors could cause actual future events to differ materially from the forward-looking statements in this presentation, including but not limited to: (i) the risk that the proposed transactions may not be completed in a timely manner or at all, which may adversely affect the price of ACON S2s securities, (ii) the failure to satisfy the conditions to the consummation of the proposed transactions, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination, (iv) the effect of the announcement or pendency of the proposed transactions on ESS business relationships, operating results and business generally, (v) risks that the proposed transactions disrupt current plans and operations of ESS, (vi) changes in the competitive and highly regulated industries in which ESS plans to operate, variations in operating performance across competitors, changes in laws and regulations affecting ESS business and changes in the combined capital structure and (vii) the ability to implement business plans, forecasts and other expectations after the completion of the proposed transactions, and identify and realize additional opportunities. Dont Drive Blind When It Comes to Rivian Stock, 7 Deeply Undervalued Growth Stocks to Buy in June, Flip the Switch on Your Speculative SPAC Holdings With ESS Tech. A reconciliation of these non-GAAP financial measures to the corresponding GAAP measures on a forward-looking basis is not available because the various reconciling items are difficult to predict and subject to constant change. After the registration statement is declared effective, the definitive proxy statement/prospectus to be included in the registration statement will be mailed to shareholders of ACON S2 as of a record date to be established for voting on the proposed business combination. If you are holding the warrants directly on the register, rather than with a broker, please send a completed and signed notice of exercise to the address below, enclosing a check for the Exercise Price. Shares of GWH. Par value of $0.0001 per Share; 49,073,189 and 49,073,189 shares authorized as of 31-Dec-2019 and 2018, respectively, 48,390,851 and 48,390,851 shares issued and outstanding with aggregate liquidation preference of $414,335 and $414,335 as of 31-Dec-2019 and 2018, respectively. Erik Bylin What happens if the Company wants to redeem my Public Warrants? Raymond James Financial Services Advisors Inc. First Republic Investment Management Inc. In-depth profiles and analysis for 20,000 public companies.
Guardant Health, Inc. - Investor Relations Investor Presentation. This purchase volume represents approximately $506.53M in transactions. Unlike traditional lithium-ion batteries that are made from hazardous and costly materials, ESS patent-protected battery solutions use abundant iron, salt and water, making them environmentally safe and cost-effective energy storage systems. Join us. Information about ACON S2s directors and executive officers and their ownership of ACON S2s securities is set forth in ACON S2s filings with the SEC. You could be one of those shareholders, and thereby support the future of sustainable battery technology. 945 GWh generation volumes. Bill Gates has backed ESS Tech through an investment from his fund. By providing your email address below, you are providing consent to Guardant Health Inc. to send you the requested Investor Email Alert updates. Select Brands In June 2020, the Volkswagen Group also announced plans to increase its shareholding in the US battery specialist QuantumScape. This presentation contains proprietary and confidential information of QuantumScape Corporation, and the entire content should be considered "Confidential Information." This presentation is made solely for informational purposes, and no representation or warranty, express or implied, is . On the date of publication, David Moadeldid not have (either directly or indirectly) any positions in the securities mentioned in this article.
Panasonic Group Operating Companies: Deutsche Bank Securities Inc. is serving as capital markets advisor and placement agent to ACON S2. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. To sum it up, the companys battery technology offers a number of benefits and advantages, as touted by ESS Tech. Patents metric includes granted and pending applications. David Moadel has provided compelling content and crossed the occasional line on behalf of Crush the Street, Market Realist, TalkMarkets, Finom Group, Benzinga, and (of course) InvestorPlace.com. Forward Looking Statements. In May 2021, ESS Inc. entered into a merger agreement with ACON S2 Acquisition Corp. (NASDAQ: STWO), a publicly traded special purpose acquisition company. ESS Inc.s independent auditor is Ernst & Young LLP. The merger between ESS Inc. and ACON S2 Acquisition Corp. was completed on October 8, 2021 and the combined companys common stock began trading on the New York Stock Exchange under its new ticker symbol, GWH, on October 11, 2021. How can I get a copy of the annual report? You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. GH200-Powered Systems Join 400+ System Configurations From Global Systems-Makers Based on NVIDIA Grace, Hopper, Ada Lovelace Architectures TAIPEI, Taiwan, May 28, 2023 (GLOBE NEWSWIRE) - COMPUTEX - NVIDIA today announced that the NVIDIA GH200 Grace Hopper Superchip is in full production, set to power systems coming online worldwide to run complex AI and HPC workloads. 2013. In order to exercise your Public Warrants, your brokerage firm will contact the Depository Trust Company (DTC), who will in turn deliver to the Companys Warrant Agent, Computershare Inc., the $11.50 per share Exercise Price paid by you and the exercise instruction. 2015.
2023-05-15 | NYSE:GWH | Press Release | ESS Tech Inc. - Stockhouse ESS was founded in 2011 with a mission to develop the cleanest, lowest-cost long-duration energy storage systems on the market. Investors Briefing Investors briefing on batteries and carbon neutrality Watch on Click here for the minutes (Overseas investors and analysts) Chief Technology Officer Masahiko Maeda Presentation Hello, everyone. here: https://www.sec.gov/Archives/edgar/data/1819438/000119312521272876/d129808d424b3.htm. Redemption of the outstanding warrants could force you to (i) exercise your Public Warrants and pay the Exercise Price therefor at a time when it may be disadvantageous for you to do so, (ii) sell your Public Warrants at the then-current market price when you might otherwise wish to hold your Public Warrants, or (iii) accept the nominal redemption price which, at the time the outstanding warrants are called for redemption, we expect would be substantially less than the market value of your warrants. 4%. Assumes debt financing for the remainder; debt financing net of amortization.
When summed up, LGES will have 215 GWh/year of capacity in 2025 in North America, a more than 16.5 time spike from 13 GWh/year in 2022. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. Conventional Lithium-Ion Cell Energy Density Has Hit a Ceiling Need for Disruptive Innovation to Dramatically Advance Energy Density NCA 18650 NCA 21700 Density Requirement: Mass: 400-500 Wh/kg (Volume: 1000 Wh/L) Gap, Performance Limited by Graphite (Carbon) / Silicon Anode Chemistry Cathode current collector Anode current collector Graphite / Silicon Anode Liquid electrolyte Liquid electrolyte Porous separator Wound cylindrical cell (e.g. Cookies are used to offer you a better browsing experience and to analyze our traffic. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. You must click the activation link in order to complete your subscription. $0.0001 par value; 128,000,000 shares authorized (81,000,000 class A and 47,000,000 class B); 11,229,241 and 11,075,476 class A and class B shares issued and outstanding at 31-Dec-2019 and 2018, respectively. 2012 . Data are provided 'as is' for informational purposes only and are not intended for trading purposes. ACON S2s sponsor is an affiliate of ACON Investments, L.L.C. 333-257232), which can be found here: https://www.sec.gov/Archives/edgar/data/1819438/000119312521272876/d129808d424b3.htm. Also, in a tweet displaying a picture of what appears to be an ESS Tech energy storage system and a temperature gauge, the company reported yet another benefit: Our long-duration iron flow batteries do just fine in extreme weather, as this system running in the 115-degree heat of Nevada proves. Interested parties may listen to the prepared remarks via telephone by calling (855) 859-2056 in the U.S., or for international callers, by calling (404) 537-3406 and entering conference ID 2588795. They are regarded as the most promising approach to electric mobility for generations to come. On top of that, heres a bit of trivia to pique your interest: ESS Tech even has the financial backing of tech titan Bill Gates. Last 7D Change. If not, dont worry. Ceramic Solid-State Separator Significant Technology Advantage Single Layer Pouch Cell Protected by ~200 Patents and ~100 Trade Secrets Includes patents and patent applications. investors@guardanthealth.com. Consolidated Balance Sheet (In Thousands, Except Share and per Share Amounts), Note: Statements above are unaudited. It went public through a business combination with a SPAC known as Acon S2 Acquisition, which previously traded on the Nasdaq Exchange as STWO stock.
ESS Inc. to Present at the Deutsche Bank 2023 Solar & Clean Tech Build a Compelling Story to Hook Investors. Fax:888.974.4258, Contact us:
Clearly, ESS Tech is an ambitious company, as its battery technology apparently has the potential to transform the power grid at least, according to the investor presentation. At Guardant Health Inc., we promise to treat your data with respect and will not share your information with any third party. What happens if I do not exercise my Public Warrants before the Expiration Date or the Redemption Date? 2017. Investor Presentation September 2020 EXHIBIT 99.3. 333-257232), which can be found here: https://www.sec.gov/Archives/edgar/data/1819438/000119312521272876/d129808d424b3.htm. Investors. View the, https://www.businesswire.com/news/home/20230515005725/en/, @ the Bell: Markets firm following debt ceiling deal, @ the Bell: TSX Slides deeper into the red, Texas State University Signs Contract for 13 Emergency Communication Devices, Valmont to Participate in June Investor Conferences, Iowa Virtual Academy Ready to Celebrate Class of 2023 with Well-Deserved Commencement, INEO Announces Fiscal Third Quarter Financial Results Reporting 19% Increase in Revenue, Canada Nickel Continues to Intersect High-grade, Near-surface Mineralization at Texmont Project, Noble Mineral Exploration to Acquire a Mining Claim in Newfoundland Covering Approximately 175 Hectares, DehydraTECH Licensing Revenues increases 5x and Hits Another Quarterly Record with New Licensees, Exclusive Insights on the Precious Metals Industry and What to Expect in 2023 Download free report, Q2 Metals Initiates Phase Two of Exploration Work at Its Mia Lithium Property in James Bay, Quebec, Silver Range completes work at Nevada gold project, Advancing environmental work at the Frances Creek barium project, Pilot plant mobilized, high grade silica Qubec project begins exploration, Surge Battery Metals focuses on lithium-rich Nevada, Trillion Energys (CSE:TCF) Bayhanli-2 gas well enters production, The Market Heralds Weekly Cannabis Report June 2, 2023.
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