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Leadership change Jan 2024 Verified

Carrier to Nominate Board Member to Post-Combination Entity

Carrier Global will receive the right to nominate a member to the board of directors of the post-combination entity following the merger between Montana Technologies and XPDB.

“Carrier will also receive the right to nominate a member to the board of directors of the post-combination entity following the merger between Montana and Power & Digital Infrastructure Acquisition II Corp. ("XPDB") (NASDAQ: XPDB, XPDBU, XPDBW).”

Entities

Carrier Global Corporation · Sponsor Montana Technologies LLC · Target Power & Digital Infrastructure Acquisition II Corp. · Acquirer
HVAC Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.