eCombustible Energy LLC entered into an agreement to acquire Benessere Capital Acquisition Corp
Congratulations M&S Fairness Team!
eCombustible Energy LLC entered into an agreement to acquire Benessere Capital Acquisition Corp. (NasdaqCM:BENE), a special purpose acquisition company (SPAC) from ARC Global Investments LLC and others for $1.4 billion in a reverse merger transaction on November 23, 2021.
Miami-based eCombustible provides on-site hydrogen fuel supply to industrial clients. The combined company is will trade on the Nasdaq under the symbol “ECEC”.
The Marshall & Stevens’ team responsible for the fairness opinion engagement are John Agogliati, CFA, ASA, Senior Managing Director, Ellie Tinoco, Managing Director, Simon Koo, CFA, Senior Manager, and Cara Burnham, Director.
You can read more about the agreement at https://finance.yahoo.com/news/innovative-hydrogen-based-fuel-supplier-150000558.html or check out the services involved below.