Solid Power, a leading developer of solid-state battery technology, announces $130 million direct offering with 17 million shares sold at $130 million.

A US-based solid-state battery technology developer, Solid Power, Inc. (Nasdaq: SLDP), has recently secured a securities purchase agreement with a specific institutional investor. The agreement involves the purchase and sale of 17,000,000 shares of its common stock, along with pre-funded warrants for acquiring 5,807,018 common stock shares, and warrants ("common warrants") for potentially purchasing 45,614,036 shares.