Peridot Acquisition Corp.: what insiders have been doing
We have very little insider data for Peridot Acquisition Corp. so far: the most recent filing dates from 29 June 2021. With so few records, no pattern can be drawn yet. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
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 2020FY ended December 2020 · cache
- 4,711,495 shares@ US$11.92100.0% of flowCLASS A ORDINARY SHARESSEC:0000899243-21-026492:0
1 of 1 declaration
About Peridot Acquisition Corp.
Peridot Acquisition Corp. is a U.S.-listed special purpose acquisition company (SPAC) that traded on the NYSE in the United States and was based in Houston, Texas. Incorporated in 2020, Peridot was formed not to run an operating business of its own, but to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more private companies. Its stated investment focus was environmentally sound infrastructure and technologies that mitigate greenhouse gas emissions and/or improve resilience to climate change, which placed it squarely in the energy transition / clean infrastructure segment rather than in a conventional industrial category. ([d18rn0p25nwr6d.cloudfront.net](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001828811/fd7eaf22-7098-415f-9f48-ca3c96b5d1ab.pdf))
Peridot was sponsored by an affiliate of Carnelian Energy Capital Management, a Houston-based investment firm focused on opportunities in North American energy. The company raised roughly $300 million in its September 2020 IPO, with units initially trading on the NYSE under PDAC.U before the shares and warrants began separate trading as PDAC and PDAC WS. Like most SPACs, Peridot held IPO proceeds in trust and had a finite window to complete a qualifying transaction, making capital deployment and target selection the core of its market proposition. ([d18rn0p25nwr6d.cloudfront.net](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001828811/fd7eaf22-7098-415f-9f48-ca3c96b5d1ab.pdf))
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The defining milestone in Peridot’s history was its combination with Li-Cycle Corp., a North American lithium-ion battery resource recovery and recycling company. The transaction was approved in August 2021 and subsequently closed, after which the combined company was renamed Li-Cycle Holdings Corp. and the securities began trading on the NYSE under new symbols LICY and LICY.WS. From an investor’s standpoint, Peridot should therefore be understood primarily as the public vehicle that brought Li-Cycle to market, rather than as a standalone operating issuer with long-term product revenue. ([businesswire.com](https://www.businesswire.com/news/home/20210810006010/en/Li-Cycle-Industry-Leading-Lithium-Ion-Battery-Resource-Recycling-Company-Completes-Business-Combination-with-Peridot-Acquisition-Corp.?utm_source=openai))
In competitive terms, Peridot’s differentiation came from its sponsor network, its energy-transition investment thesis, and its ability to provide a listed financing path for a private target in a sector where access to capital is strategically important. Public disclosures show that Peridot had no operating revenues or commercial product line prior to the business combination; its role was transactional and capital-market driven. Recent public information remains centered on SEC filings and the legacy Li-Cycle merger, rather than on any independent ongoing operations under the Peridot name. ([d18rn0p25nwr6d.cloudfront.net](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001828811/fd7eaf22-7098-415f-9f48-ca3c96b5d1ab.pdf))
