Peridot Acquisition Corp. II
A blank-check company, or special purpose acquisition company (SPAC), created by Houston energy investment firm Carnelian Energy Capital to raise money and hunt for a private business to take public. Named for the olive-green gemstone, it was a sister vehicle to the Peridot fund that merged with battery recycler Li-Cycle. Unlike its sibling, this one never landed a deal and wound itself down in 2023.
Units, each consisting of one Class A ordinary share and one-fifth of one redeemable warrant