Solid Power to go public. How to buy the EV battery maker’s SLDP stock?

3 min read | December 09, 2021 05:20 AM EST | By Raza Naqvi

Solid Power to go public. How to buy the EV battery maker’s SLDP stock? — Image source: Demidovichphotostock | Megapixl.com

How to buy Solid Power stock?

Investors do not have to wait for long to buy SLDP stock. Solid Power will start trading on Thursday, December 9, on the Nasdaq Global Select Market. The common shares’ stock symbol is SLDP and the warrants will trade under SLDPW.

Can you buy the SLDP stock?

Those interested in SLDP stock will likely have to wait for one hour after the trading session begins Thursday and after that, they will be able to buy the common shares as they buy for already listed companies.

Also Read: VinFast IPO: Can you buy the Vietnamese electric car maker's stock?

If you don't have a trading account set up with a brokerage company, then you can research and select a trading platform of your choice. First-time users must sign up through a simple process and begin trading in stocks.

Bottom line

Solid Power is a leading developer of all-solid-state battery cells, and it is demanded by automakers and consumers. These batteries can be used in electric vehicles (EVs) and the company could be looking to expand its business due to an expected boom in this sector.

According to the company website, its products may witness higher demand in future because they are built like lithium-ion batteries, however, they have a longer life, lower costs, and increased safety.

Also Read: Pure Watercraft: Is the startup going public & can you buy its stock?

Robert Tichio, Chairperson of DCRC and Solid Power's board member, said that the future of electric vehicles will be powered by all-solid-state batteries.

If this happens, then Solid Power could grow rapidly in future. The company already has extensive partnerships with leading automakers like BMW and Ford.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.