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Novus Capital has appointed Lacy M. Johnson and Ittai Kidron as new Board Advisors. Johnson, a partner at Taft Stettinius & Hollister LLP, has extensive experience in public affairs and served on the Biden-Harris transition team. Kidron, Managing Director at Oppenheimer, is recognized for his expertise in ESG and has a strong background in finance. The company aims to lead in sustainable technology through its newly launched SPAC, Novus Capital Corporation II (NYSE: NXU.U), which raised $287.5 million and is targeting acquisitions in the smart technology and ESG sectors.
Novus Capital announces the appointment of three new Board Advisors: Trevor Neilson, Rini Greenfield, and Phillip Bayt. Neilson, co-founder of WasteFuel, has extensive experience in impact investing and served in key roles during the Clinton administration. Greenfield is a founding General Partner at Rethink Food, specializing in food technology investments. Bayt brings a wealth of legal expertise in commercial real estate. The company aims to advance its ESG strategy following a successful IPO of its second SPAC, Novus Capital Corporation II (NYSE: NXU.U), which raised $287.5 million.
Novus Capital Corporation II (NYSE: NXU.U) has successfully closed its initial public offering (IPO) of 28,750,000 units at $10.00 each, raising gross proceeds of $287.5 million. This includes 3,750,000 units sold due to the underwriter's overallotment option. Each unit consists of one share of Class A common stock and one-third of a redeemable warrant, which allows the purchase of additional shares at $11.50. The proceeds have been placed in trust, with further financial details to be disclosed in a Form 8-K filing with the SEC.
