NEW YORK – Global law firm Reed Smith has advised European Sustainable Growth Acquisition Corp. (NASDAQ: EUSG), a publicly traded special purpose acquisition company (SPAC), in its de-SPAC with ADS-TEC Energy GmbH, a global leader in battery-buffered ultrafast charging technology, for a business combination to form ADS-TEC Energy PLC. EUSG is focused on identifying European-based, high-growth, technology-enabled businesses that utilize green technologies.
ADS-TEC Energy shares and warrants began trading on the Nasdaq on December 23 under the tickers "ADSE" and "ADSEW" respectively.
The Reed Smith deal team included partners Lynwood Reinhardt (Dallas), Michael S. Lee (New York), Florian Hirschmann (Munich), Ron Scharnberg (Houston), and Martin Bünning (Frankfurt); counsels John Ngo (New York) and Silvio McMiken (Munich); and associates Tobias Schulz (Munich), Lauren John (Pittsburgh), Katie Geddes (Dallas), Russell Schneider (New York), Brandon Dekema (Dallas), Luke Barbour (Pittsburgh), Michelle Min (New York), and Ari Byk (New York).
Additional information can be found at prnewswire.com.