Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-06-09T10:53:18.000Z
US solid-state battery developer Factorial Energy has begun trading on the Nasdaq Stock Market following the completion of its merger with special purpose acquisition company Cartesian Growth Corporation III. The firm, which is backed by top automotive companies, began trading on the Nasdaq Stock Market on 8 June 2026 under the ticker symbols FAC and FACWW. The transaction places the combined entity's valuation at roughly $1.3bn, with the deal generating over $100m in gross proceeds. Factorial will deploy the capital towards bringing its solid-state battery technology to market across three sectors: electric vehicles, defence and aerospace, and hyperscale data centres. Factorial CEO Siyu Huang said: “The automotive industry is the most demanding proving ground in the world, and we’ve shown
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.