Esm Acquisition Corporation
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A special purpose acquisition company, or "blank check" company, formed in 2021 to hunt for a business to merge with — specifically one poised to benefit from the shift to a low-carbon economy, from vehicle electrification to cleaner industrial processes. Its name, ESM, stands for Energy & Minerals, a nod to its co-sponsors, the private equity firm The Energy & Minerals Group and Vision Blue Resources, led by former Xstrata chief Sir Mick Davis. The company never found a merger target and wound down in 2023.
Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant