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Solid Power Completes Business Combination with Decarbonization Plus Acquisition Corporation III

Vinson & Elkins Advises Decarbonization Plus Acquisition Corporation III in Business Combination Agreement with Solid Power Background Image

Vinson & Elkins advised Decarbonization Plus Acquisition Corporation III, a blank check company sponsored by an affiliate of Riverstone Holdings LLC, in a business combination with Solid Power, Inc., an industry-leading developer of all-solid-state battery cells for electric vehicles. The combined company’s common stock and warrants are expected to commence trading on the Nasdaq Global Select Market on December 9, 2021.

The V&E team was led by Dan Komarek, Stancell Haigwood and Ramey Layne, with assistance from Zach Swartz, Will White, Joe Milano and Devika Kornbacher.

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