Alussa Energy Acquisition Corp. II's primary objective is to finalize a business combination. This may involve various strategic transactions such as a ...
Alussa Energy Acquisition Corp. II (NYSE: ALUB) is a special purpose acquisition company (SPAC) incorporated as a Cayman Islands exempted company. It was formed in 2024 with the primary objective of finalizing a business combination, which may involve a merger, share exchange, acquisition of assets or equity, or corporate reorganization ...Alussa Energy Acquisition Corp. II (NYSE: ALUB) is a special purpose acquisition company (SPAC) incorporated as a Cayman Islands exempted company. It was formed in 2024 with the primary objective of finalizing a business combination, which may involve a merger, share exchange, acquisition of assets or equity, or corporate reorganization involving one or more target entities. The company intends to focus on businesses in the energy and power sectors, aligning with its name 'Alussa Energy'. The company is led by CEO Ole Henry Slorer, a seasoned finance and energy industry executive with over 35 years of experience. Slorer also serves as a director. The chairman of the board is Richard Anderson. The company maintains its headquarters at 1001 S Capital of Texas Highway, Austin, Texas, with a phone number of 512 904 0200. As of the latest data, the company has only 2 full-time employees, typical for a SPAC. The company was listed on the New York Stock Exchange with an IPO date of January 6, 2026. Its market capitalization is approximately $363 million, with a share price of $10.11. The company's financials show no revenue yet, as it is pre-business combination. Key financial metrics include a book value per share of $7.617, total assets essentially in cash and trust, and negative net income as expected for a SPAC. The company's website is https://www.alussaenergy.com/copy-of-alussa-energy-acquisition-corp. Alussa Energy Acquisition Corp. II is part of the Alussa Energy group, which previously completed a business combination with FREYR Battery in 2021 through Alussa Energy Acquisition Corp. I. The founder of Alussa Energy, Daniel Barcelo, has over 25 years in international energy finance and emerging markets. The company is focused on identifying and merging with a target in the energy sector, providing a vehicle for private companies to go public.
