Montana Technologies SPAC Merger to Fund Commercialization

The business combination with XPDB is expected to provide Montana Technologies with approximately $100 million in gross proceeds. The capital is intended to fund operations through the commercialization, production, and deployment of its AirJoule technology.

“Montana Technologies expects to raise $100 million of gross proceeds, which is expected to be sufficient to fund operations through commercialization, production and deployment”

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