Wednesday, December 22, 2021

Equity Corporate Actions Alert #2021 - 291
Information Regarding the Business Combination of European Sustainable Growth Acquisition Corp. (EUSG/U/W) and ADS-TEC ENERGY PLC

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  • Industry Announcement

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The business combination of European Sustainable Growth Acquisition Corp. (EUSG/U/W) and ADS-TEC ENERGY PLC became effective today, December 22, 2021. As a result of the business combination, the common stock, warrant, and unit of European Sustainable Growth Acquisition Corp. (EUSG/U/W) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: European Sustainable Growth Acquisition Corp. Class A Ordinary Shares
CUSIP#: G3194F109
Symbol: EUSG
Last Trading Date: December 22, 2021
Marketplace Effective Date for Suspension: December 23, 2021
Merger Consideration: One (1) Ordinary Share of ADS-TEC ENERGY PLC (ADSE) for each share held.
Company Name/Issue: European Sustainable Growth Acquisition Corp. Warrant
CUSIP#: G0370L117
Symbol: EUSGW
Last Trading Date: December 22, 2021
Marketplace Effective Date for Suspension: December 23, 2021
Merger Consideration: One (1) ADS-TEC ENERGY PLC Warrant expiring 12/22/2026 (ADSEW) for each warrant held.
Company Name/Issue: European Sustainable Growth Acquisition Corp. Unit
CUSIP#: G0370L125
Symbol: EUSGU
Last Trading Date: December 22, 2021
Marketplace Effective Date for Suspension: December 23, 2021
Merger Consideration: Unit will separate into its components.

As a result of the merger, the combined company will be listed on the Nasdaq Capital Market. The details are as follows:

Company Name/Issue: ADS-TEC ENERGY PLC Ordinary Shares
CUSIP#: G0085J117
Symbol: ADSE
Marketplace Effective Date: December 23, 2021

Company Name/Issue: ADS-TEC ENERGY PLC Warrants expiring 12/22/2026
CUSIP#: G0085J109
Symbol: ADSEW
Marketplace Effective Date: December 23, 2021

If you would like to register as a market maker in ADSE or ADSEW, contact Nasdaq Trading Services at +1 212 231 5100.



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