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ES
No insider purchase over the last 90 days. The latest, by Rothfeldt Marc, was filed 22 Dec 2021.
European Sustainable Growth Acquisition Corp.: what insiders have been doing
European Sustainable Growth Acquisition Corp., classified in the Energy sector, is a listed company. Its insiders report their share dealings to SEC (Form 4). European Sustainable Growth Acquisition Corp. has had no insider filing for more than a year; the last one goes back to 22 December 2021.
This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
2
Thresholds
n/a
Buy Volume
€3M
2 ops. · all time
Sell Volume
n/a
n/a
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2021FY ended October 2021 · cache
Income statement
Net income-US$6.6M
Last declaration on 22 December 2021
Declarations2 total
200,000 shares@ US$10.00100.0% of flowClass A ordinary shares, par value $0.0001 per shareSEC:0001213900-21-066895:0
Canonical exit: 21 Mar 2022 (T+90)
100,000 shares@ US$10.00100.0% of flowClass A ordinary shares, par value $0.0001 per shareSEC:0001213900-21-066890:0
Canonical exit: 21 Mar 2022 (T+90)
2 of 2 declarations
About European Sustainable Growth Acquisition Corp.
European Sustainable Growth Acquisition Corp. is a U.S.-listed SPAC that traded on the NASDAQ in the United States and was incorporated in November 2020 as a blank-check vehicle designed to pursue a merger, share exchange, asset acquisition, or similar business combination. Its original mandate was highly thematic: the company said it would focus on Europe-based, high-growth, technology-enabled businesses with sustainability exposure, including renewable energy, energy storage, water conservation, recycling, ed-tech, fintech, and cloud/data. The company’s business and mailing address were in Greenwich, Connecticut, underscoring its U.S. capital-markets footprint. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1832505/000121390021016107/f10q0121_europeansustain.htm?utm_source=openai))
Historically, European Sustainable Growth Acquisition Corp. had no operating business of its own. It functioned as a financial and market-access platform, raising capital in the U.S. public markets and then seeking a target that fit its sustainability and technology criteria. In January 2021 it completed its IPO, and by the second half of 2021 it had announced a business combination with ADS-TEC Energy, a German battery-buffered ultrafast charging and energy-storage specialist. SEC filings and transaction-related releases show that the SPAC served as the listing vehicle that brought the combined company to the NASDAQ under the ticker ADSE. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1832505/000121390021004332/ea133858-8k_europeansustain.htm?utm_source=openai))
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From a competitive standpoint, the SPAC itself was not an industrial competitor; its value proposition was transaction execution, capital formation, and access to the U.S. public equity market. The relevant operating story is therefore the business it helped publicize: ADS-TEC Energy. That company develops battery-backed ultra-fast charging systems, energy storage platforms, and grid-constrained charging solutions. Its product set includes ChargeBox, ChargePost, and ChargeTrailer, which are positioned around high-power EV charging and distributed energy infrastructure. This gives the combined story a clear niche in electrification infrastructure, a segment benefiting from the long-term build-out of EV adoption and grid-flexibility solutions. ([stockanalysis.com](https://stockanalysis.com/stocks/adse/company/?utm_source=openai))
For investors in France, Belgium, and Switzerland, the most relevant interpretation is that European Sustainable Growth Acquisition Corp. should be viewed as the former SPAC wrapper behind a cross-border capitalization event rather than as a stand-alone operating issuer. The major facts that matter today are the company’s U.S. listing venue, its original Europe-focused sustainability mandate, and the fact that it successfully transitioned into a public-market conduit for a German energy-tech platform. Recent public information remains primarily centered on the merger completion and ADS-TEC Energy’s commercialization of charging and storage products, rather than on any independent corporate operations at the former SPAC level. ([nasdaq.com](https://www.nasdaq.com/press-release/ads-tec-energy-gmbh-completes-business-combination-with-european-sustainable-growth?utm_source=openai))
