Ascend Elements, founded in 2015, is a company that strives to develop advanced technology producing essential materials that manufacturers use to create batteries used in electric vehicles. The company aims to create those materials by taking lithium-ion batteries and manufacturing waste through its Hydro-to-CathodeⓇ direct precursor synthesis process. Ascend Elements is headquarterd in Westborough, Massachusetts.
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Can you sell Ascend Elements stock?
Yes, you may sell the Ascend Elements stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
How to sell Ascend Elements stock?
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Is Ascend Elements a public company?
No, Ascend Elements is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
What is Ascend Elements’ stock price?
Ascend Elements is a privately held company and therefore does not have a public stock price. However, you may access Ascend Elements private market stock price with Forge Data.
What is Ascend Elements’ stock ticker symbol?
Ascend Elements does not have an official ticker symbol because this company is not currently publicly traded.
Can institutional investors buy and sell private market stocks?
Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.
Other companies like Ascend Elements in the Materials sector
Electric-vehicle battery startups Redwood Materials, Ascend Elements, and NanoGraf are taking bold steps to advance their business prospects. In the case of Ascend and NanoGraf, their efforts are being backed by federal funding towards more battery technology that will satisfy the potential increase in demand for electric cars in the future.
Ascend Elements and Koura Global, an Orbia company, were selected Friday to receive a $125 million cost-sharing grant from the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains. The grant is part of a $3 billion federal investment in 25 selected projects across 14 states to boost domestic production of advanced batteries and battery materials nationwide. The cost-sharing funds identified for Ascend Elements and Orbia are for construction of advanced battery recycling infrastructure to recover graphite from used lithium-ion batteries and manufacturing scrap. The grant may fund facilities in Hopkinsville, Kentucky and St. Gabriel, Louisiana.
In a follow up to one of last year's largest cleantech private equity placements, Ascend Elements today announced it has raised $162 million in new equity investments. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing brings the company's 12-month funding total to $704 million, including the $542 million funding round led by Decarbonization Partners, Temasek and Qatar Investment Authority in September 2023.
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