ECombustible, a maker of hydrogen-based fuel, is in talks to merge with blank-check firm Benessere Capital Acquisition Corp. (BENE), according to people with knowledge of the matter.
Update(s):
November 24, 2021: Benessere Capital Acquisition Corp. (BENE), a special purpose acquisition company, and eCombustible Energy LLC, announced that the companies have entered into a definitive business combination agreement, providing for a business combination that will result in eCombustible Energy becoming a public listed company, subject to regulatory and stockholder approval and other customary closing conditions. Upon completion of the proposed transaction, the combined company is expected to operate under the name eCombustible Energy Corp. and list on Nasdaq Capital Market under the ticker symbol “ECEC”.