ESACW Stock Price, News & Analysis
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Company Description
ESGEN Acquisition Corp. (ESACW), now known as Zeo Energy Corp., has successfully completed its business combination with Sunergy Renewables, LLC, a leading provider of residential solar and energy efficiency solutions based in Florida. With this merger, Zeo is poised to accelerate its growth strategy, partner with industry players, and expand its customer base seeking renewable energy solutions.
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Frequently Asked Questions
What is ESGEN Acquisition Corp.'s new name after the business combination?
ESGEN Acquisition Corp. has been rebranded as Zeo Energy Corp.
Who did ESGEN Acquisition Corp. merge with?
ESGEN Acquisition Corp. completed a business combination with Sunergy Renewables, LLC, a top provider of residential solar and energy efficiency solutions based in Florida.
Where will Zeo Energy Corp.'s common stock and warrants trade following the merger?
Zeo Energy Corp.'s common stock and warrants are expected to trade on the Nasdaq Capital Market under the new ticker symbols 'ZEO' and 'ZEOWW,' respectively.
When is the completion of the proposed Business Combination expected?
The Business Combination is expected to close, and the combined entity's common stock and warrants will commence trading on the Nasdaq Stock Market, subject to all closing conditions.
What are the expected proceeds to Zeo Energy Corp. from the transaction?
The transaction is expected to result in gross proceeds of approximately $18 million to Zeo Energy Corp.
What can shareholders expect after the completion of the business combination?
The Board of Directors of Zeo will include members from both Sunergy and ESGEN, and Zeo will focus on accelerating its growth strategy in the residential solar and energy efficiency solutions sector.
Where can investors find more information about Zeo Energy Corp.?
For more information, investors can visit Zeo's investor relations website at investors.zeoenergy.com.