ProLogium to De-SPAC With Translational Development Acquisition Corp. (TDAC) in ~$3.8B Nasdaq Deal
May 30, 2026
ProLogium, a next-generation solid-state battery developer, entered into a definitive business combination agreement with SPAC Translational Development Acquisition Corp. (TDAC) to take the company public on Nasdaq. The transaction values ProLogium at about $3.8 billion and is intended to fund expansion of 4th-generation battery production and construction of its gigafactory in Dunkirk, France (with a French government subsidy package).
- Buyers
- Translational Development Acquisition Corp. (TDAC)
- Targets
- ProLogium
- Industry
- Energy
- Location
- Taoyuan City, Taiwan
- Transaction Type
- Buyout
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