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Broadscale Stock Price, News & Analysis

SCLE Nasdaq

Welcome to our dedicated page for Broadscale news (Ticker: SCLE), a resource for investors and traders seeking the latest updates and insights on Broadscale stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Broadscale's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Broadscale's position in the market.

Rhea-AI Summary

On May 28, 2021, Broadscale Acquisition Corp. (NASDAQ: SCLE) received a notice from Nasdaq Regulation regarding non-compliance with Listing Rule 5250(c)(1) due to the late filing of its Quarterly Report on Form 10-Q for Q1 2021. The notice does not immediately affect the trading of the Company’s units, Class A common stock, or warrants. Broadscale must submit a compliance plan by July 26, 2021, and if accepted, has until November 22, 2021, to regain compliance. The Company is currently finalizing its Form 10-Q while addressing the SEC's guidelines on accounting for warrants.

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Broadscale Acquisition Corp. (NASDAQ:SCLEU) announced that holders of its units can separately trade Class A common shares and warrants starting April 5, 2021. Unseparated units will continue to trade under the symbol SCLEU, while Class A common shares and warrants will trade under SCLE and SCLEW, respectively. The company is a blank check entity aiming for mergers or acquisitions aligned with its mission of 'Disruption for Good' in industries like energy and transportation. Morgan Stanley acted as the sole book-running manager for this offering.

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Broadscale Acquisition Corp. successfully closed its upsized initial public offering of 34,500,000 units at $10.00 per unit, totaling gross proceeds of $345,000,000. Each unit comprises one share of Class A common stock and one-fourth of a redeemable warrant, with an expected trading listing under symbols SCLE and SCLEW on The Nasdaq Capital Market. The company, led by Andrew L. Shapiro, aims to pursue business combinations focused on transforming industries positively. Morgan Stanley acted as the sole book-running manager for this offering.

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Broadscale Acquisition Corp. announced the pricing of its upsized IPO of 30,000,000 units at $10.00 each, set to trade under the ticker symbol SCLEU on February 12, 2021. Each unit comprises one share of Class A common stock and one-fourth of a redeemable warrant. The offering is anticipated to close on February 17, 2021, with Morgan Stanley as the book-running manager. The company, focused on transformative business combinations, aims to drive positive changes in industries such as energy and transportation. The prospectus will be available from Morgan Stanley.

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FAQ

What is the market cap of Broadscale (SCLE)?

The market cap of Broadscale (SCLE) is approximately 433.4M.
Broadscale

Nasdaq:SCLE

SCLE Rankings

SCLE Stock Data

433.41M
34.50M
99.16%
0.06%
Shell Companies
Financial Services
Link
United States
Philadelphia