Frequently Asked Questions DCRC

WHAT IS DECARBONIZATION PLUS ACQUISITION CORPORATION III?

Decarbonization Plus Acquisition Corporation III is a special purpose acquisition company (SPAC), or “blank check” company, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

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HOW DO I INVEST IN DECARBONIZATION PLUS ACQUISITION CORPORATION III?

There are several ways to invest in Decarbonization Plus Acquisition Corporation III. Decarbonization Plus Acquisition Corporation III’s securities are publicly traded on the NASDAQ exchange under the ticker symbols “DCRC”, “DCRCW” and “DCRCU.” Decarbonization Plus Acquisition Corporation III’s Class A common stock trades under DCRC, its warrants trade under DCRCW and its units trade under DCRCU.

Holders of warrants, which trade under the symbol DCRCW, will have the right, but not the obligation, to purchase one share of Class A common stock in Decarbonization Plus Acquisition Corporation III, which trade under the symbol DCRC, after the warrants become exercisable, at a price of $11.50 per share.

Holders of units, which trade under the symbol DCRCU, are entitled to one share of Class A common stock, along with one-third of one warrant. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Accordingly, unless you purchase at least three units, you will not be able to receive or trade a whole warrant.

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HAS DECARBONIZATION PLUS ACQUISITION CORPORATION III ANNOUNCED A TARGET COMPANY WITH WHICH IT PLANS TO MERGE?

Yes. On June 15, 2021, Decarbonization Plus Acquisition Corporation III announced its intention to merge with Solid Power, an industry-leading producer of all-solid-state batteries for electric vehicles.

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WHAT WILL HAPPEN TO MY SHARES OF DECARBONIZATION PLUS ACQUISITION CORPORATION III WHEN IT COMPLETES A MERGER WITH SOLID POWER? DO I NEED TO DO ANYTHING TO KEEP MY INVESTMENT?

At the time Decarbonization Plus Acquisition Corporation III completes its merger with Solid Power, its securities will remain outstanding and listed on the NASDAQ exchange and Decarbonization Plus Acquisition Corporation III will change its name to Solid Power. You do not need to do anything to effect this change or to keep your investment.

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