New Era Helium and Accretion SPAC Announce Business Combination
- AKAP
- Oct 4, 2023
- 2 min read
Private helium explorer, New Era Helium Corp and Accretion Acquisition Corp have entered a Letter of Intent for a proposed business combination. Accretion is a special purpose acquisition company listed on NASDAQ. If a definitive agreement is reached, the combined company will focus on "Responsibly Sourced Helium" and meet the growing demand in semiconductor and aerospace sectors. The transaction's completion, expected in Q4'23, is contingent on due diligence, definitive agreements, and approvals.