Advent Technologies and AMCI Acquisition Corp. Secure $65M PIPE

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Advent Technologies and AMCI Acquisition Corp. Secure $65M PIPE

Dec 22, 2020 INTEL by Matt Cianci

Exceeding PIPE Expectations AMCI Acquisition Corp. (NASDAQ:AMCI), announced today that it has entered into a private placement transaction worth $65M at $10.00 per share with a consortium of institutional investors including certain funds managed by affiliates of BNP Paribas. The transaction will close concurrently with the AMCI/Advent business combination. According to the press release, “The
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