Pontem Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
IPO Year: 2021
Exchange: NYSE
Website: pontemcorp.com
VANCOUVER, BC, Aug. 5, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced that, effective August 5, 2021, the Company has appointed Mr. Hubertus Muehlhaeuser to the Company's Board of Directors. Mr. Jim Roche, Chairman of Ballard's Board of Directors said, "We continue to ensure a strong matrix of diverse and complementary skills and experiences on our Board. Hubertus brings a strong background in industrial manufacturing, including commercial vehicles, construction machinery, agricultural machinery, and powertrain technologies. His distinguis
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THE WOODLANDS, Texas, May 15, 2023 /PRNewswire/ -- Pontem Corporation (NYSE:PNTM) (the "Company"), a special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares, par value $0.0001 per share (the "Public Shares"), effective on or about the close of business on May 30, 2023, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the "Articles"). The last day of trading will be May 26, 2023. As stated in the Company's Articles, if the Company is unable to complete an initial business combination by July 15, 2023 or such
Pontem Corporation (NYSE:PNTM) (the "Company"), a special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares, par value $0.0001 per share (the "Public Shares"), effective on or about the close of business on May 30, 2023, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the "Articles"). The last day of trading will be May 26, 2023. As stated in the Company's Articles, if the Company is unable to complete an initial business combination by July 15, 2023 or such earlier date as is determined by the Board to be i
Pontem Corporation (the “Company”) has entered into a non-binding letter of intent that sets forth the preliminary terms and conditions of a potential business combination with an established target company (the “Target”) operating a multinational industrial technology business that serves diversified end markets. The Target, which has been in operation for almost forty years, has a blue-chip customer base and is supported by strong shareholders. The Target had approximately $1 billion in revenues in 2021. In addition, the Company has teamed up with an affiliate of a premier alternative asset manager to support the transaction, which the Company expects will increase transaction certainty.
THE WOODLANDS, Texas, May 15, 2023 /PRNewswire/ -- Pontem Corporation (NYSE:PNTM) (the "Company"), a special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares, par value $0.0001 per share (the "Public Shares"), effective on or about the close of business on May 30, 2023, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the "Articles"). The last day of trading will be May 26, 2023. As stated in the Company's Articles, if the Company is unable to complete an initial business combination by July 15, 2023 or such
SPRING, Texas, Jan. 13, 2023 /PRNewswire/ -- Pontem Corporation (NYSE:PNTM) (the "Company") today held an extraordinary general meeting in which shareholders approved the extension of the date by which the Company has to consummate a business combination from January 15, 2023 to July 15, 2023 or such earlier date as is determined by the Company's board of directors (the "Board") to be in the best interest of the Company (the "Extension"). In connection with the Extension, Pontem LLC and HSM-Invest have notified the company of their intention to effect a monthly deposit into the trust account established in connection with the Company's initial public offering (the "Trust Account") of $833,33
VANCOUVER, BC, Aug. 5, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced that, effective August 5, 2021, the Company has appointed Mr. Hubertus Muehlhaeuser to the Company's Board of Directors. Mr. Jim Roche, Chairman of Ballard's Board of Directors said, "We continue to ensure a strong matrix of diverse and complementary skills and experiences on our Board. Hubertus brings a strong background in industrial manufacturing, including commercial vehicles, construction machinery, agricultural machinery, and powertrain technologies. His distinguis
NEW YORK, June 1, 2021 /PRNewswire/ -- Pontem Corporation (NYSE:PNTM) (the "Company") today announced that it received a formal notice of non-compliance on May 25, 2021 from the New York Stock Exchange (the "NYSE") relating to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the "Form 10-Q") as required under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual. On April 12, 2021, the staff of the Securities and Exchange Commission ("SEC") issued "Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies ("SPACs")" (the "Statement")
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