ESS Inc. Goes Public Via $1 Billion SPAC Deal

ESS Inc., a leading provider of long-duration energy storage solutions, has arrived on Wall Street. The company went public via SPAC merger with ACON S2, valuing the combined company at just over $1 billion. The deal is backed by top investors including SB Energy Corp., an arm of Softbank, and Fidelity. The combined company listed on the NYSE under the ticker 'GWH.' Eric Dresselhuys, CEO of ESS Inc., joined Cheddar's Opening Bell.
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