MIT’s battery technology spinout will collect $200m in a private investment in public equity financing and list on the New York Stock Exchange.

SES, a Singapore-headquartered lithium-metal battery developer spun out of Massachusetts Institute of Technology, agreed yesterday to a reverse merger with special purpose acquisition company Ivanhoe Capital Acquisition Corp. The merged business will be valued at $3.6bn in the transaction and will take up Ivanhoe’s listing on the New York Stock Exchange, acquired through a $276m…

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