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Decarbonization Plus Acquisition Corporation III Closes Initial Public Offering

Vinson & Elkins advised Decarbonization Plus Acquisition Corporation III in connection with its initial public offering of 35,000,000 units at a price of $10.00 per unit. The offering closed on March 26, 2021.

Decarbonization Plus Acquisition Corporation III was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. The company intends to focus its search for a target whose principal effort is developing and advancing a platform that decarbonizes the most carbon-intensive sectors, including the energy and agriculture, industrials, transportation and commercial and residential sectors.

The V&E team was led by Ramey Layne, Brenda Lenahan and Stancell Haigwood, with assistance from Joe Milano, Julie Bontems and Madelyn Fife and Jason McIntosh, David Peck, Christine Mainguy and Lauren Nieman.

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