Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

Battery swap solutions provider Aulton Raises $232 Million

October 3, 2021

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Fluence, a provider of energy storage products and services, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its Class A common stock. Fluence Energy has applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol “FLNC.” The number of shares to be offered and the price range for the proposed offering have not yet been determined. J.P. Morgan Securities, Morgan Stanley & Co., Barclays Capital, and BofA Securities will act as lead book-running managers for the proposed offering.

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