Japan EV Battery Technology Company Noco-noco to Debut on Nasdaq

Aug. 28, 2023, 12:00 PM UTC

Japan’s advanced electric battery technology company noco-noco Inc. is set to start trading on the Nasdaq on Monday, helping move its sustainability efforts one step closer to mainstream use.

The company, a subsidiary of Tokyo-based 3Dom Alliance Inc., is making its debut under the symbol NCNC after merging with the blank-check company Prime Number Acquisition I Corp, it said in a statement. It plans to enter the domestic leasing business with electric vehicles that use its battery separator technology to help improve longevity and heat resistance.

The company will use the $150 million it obtained through an equity line of ...

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