StoreDot Plans Nasdaq Listing in Q2 2026

StoreDot, a leading developer of extreme fast-charging (XFC) battery technology for electric vehicles, has entered into a definitive agreement to go public on Nasdaq via a SPAC merger with Andretti Acquisition Corp. II. The planned Nasdaq listing is expected to accelerate StoreDot’s access to global capital markets and strengthen its position in the rapidly growing EV battery sector.

Under the terms of the SPAC transaction, StoreDot is valued at $800 million on a pre-money basis, with an enterprise value of $882 million. The business combination is targeted to close in the second quarter of 2026, subject to shareholder votes and regulatory clearance. If completed, the Nasdaq listing will mark a significant milestone for StoreDot as it scales its next-generation battery technology.

StoreDot is best known for its breakthrough XFC battery innovation, which enables EVs to gain 100 miles of range after only five minutes of charging — a major step toward solving one of the core bottlenecks in electric vehicle adoption. The company is also pursuing a three-minute charging target through ongoing R&D programs. According to StoreDot, extensive validation work with global automakers confirms that its XFC battery cells are approaching readiness for industrial-scale production and commercial deployment.

With the upcoming Nasdaq listing and its advanced fast-charging solutions, StoreDot aims to play a central role in the future of high-performance electric vehicles and next-generation energy storage.