Nexergy Holdings PLC Announces Strategic Partnership with SPAC Advisory and Park Avenue Capital for NASDAQ Listing

This partnership marks a significant step towards Nexergy's public listing, enhancing its market presence and emphasizing its commitment to sustainable energy solutions

LONDON, Oct. 21, 2024 In a significant move towards enhancing its position in the global market, Nexergy Holdings PLC has announced a strategic partnership with SPAC Advisory and Park Avenue Capital to facilitate its listing on NASDAQ. This collaboration marks a pivotal chapter in Nexergy's commitment to sustainable energy and its vision to broaden shareholder value through efficient market strategies.

Nexergy Holdings PLC is set to complete its NASDAQ listing process within 6 to 12 months, adhering to the standard timeline post-partnership establishment. This expedited timeframe contrasts with the typical 18 to 24 months, which includes periods for finding partners and conducting due diligence—stages Nexergy has effectively navigated by securing a partnership at the outset. In alliance with SPAC Advisory and Park Avenue Capital, Nexergy is poised for a swift and efficient market entry, leveraging this partnership to bolster its market presence and accelerate value creation for investors. This strategy exemplifies Nexergy's proactive approach and dedication to rapid growth within the sustainable energy sector.

Fact Sheet

Special Purpose Acquisition Company (SPAC) typically launches with an initial listing price of around $10 per share, although this price can vary widely. SPACs are corporate entities formed to simplify the process of taking a private company public through an IPO, offering a more streamlined alternative to traditional IPO routes. This structure ensures a clear initial pricing, providing a stable investment baseline. After the IPO, the price of SPAC shares may fluctuate depending on market conditions and the details of the acquisition. Importantly, investors have the option to redeem their shares for approximately $10 if they do not agree with the merger decisions, offering a level of protection against potential investment losses.

Investing in SPACs comes with its own set of risks, primarily due to their speculative nature and the potential for market volatility, which could impact share prices. Additionally, the incentives offered to SPAC sponsors might lead to a dilution of shareholder value post-merger. As with any investment, potential investors are encouraged to consult with qualified investment advisors to fully understand the implications of their investment choices.

About Nexergy Holdings PLC

Nexergy Holdings PLC is committed to enhancing eco-friendly energy production, positioning itself as a leader in the sustainable energy industry. The company's focus on acquiring and developing innovative technologies and businesses that align with its sustainability goals remains a top priority.