Simpson Thacher represented J.P. Morgan Securities and A.G.P./Alliance Global Partners as placement agents in connection with a $130 million registered direct offering by Solid Power, Inc. (“Solid Power”) of a combination of Common Stock, Pre-Funded Warrants and Warrants.
Solid Power is developing solid-state battery technology to enable the next generation of batteries for the fast-growing EV and other markets.
The Simpson Thacher team included Roxane Reardon, Matt Hart and Margaret Selbe (Capital Markets); Jonathan Cantor and Andrew Wasilick (Tax); George M. Gerstein and J. Pasco Struhs (ECEB); Michael R. Isby (Environmental); Ron Ben-Yehuda, Chandler Gerard-Reimer and Tally Smitas (IP); and Jennie Getsin (Blue Sky).