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Shares of ESS Tech Inc (GWH) surged nearly 90% on its debut on the New York Stock Exchange. The company went public after merging with ACON S2 Acquisition Corp. (STWO), a special purpose acquisition company.


RTTNews | Oct 12, 2021 10:13AM EDT

10:13 Tuesday, October 12, 2021 (RTTNews.com) - Shares of ESS Tech Inc (GWH) surged nearly 90% on its debut on the New York Stock Exchange. The company went public after merging with ACON S2 Acquisition Corp. (STWO), a special purpose acquisition company.

GWH is currently trading at $19.63, up $9.21 or 88.39%, on the NYSE.

Pangaea Ventures Ltd. Tuesday said its portfolio company ESS Inc. has begun trading on the NYSE under the symbol GWH. ESS designs, builds, and deploys clean, low-cost long-duration energy storage systems with a mission to catalyze a sustainable energy future.

On Monday, ESS Inc. and ACON S2 Acquisition completed their previously announced business combination, resulting in ESS becoming a publicly listed company.

Read the original article on RTTNews ( https://www.rttnews.com/3232115/ess-tech-surges-90-on-nyse-debut.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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