ST Energy Transition I Ltd.
Cash in trust
$299.2M
$299,163,733
Trust per share
—
Redemption value
IPO
Dec 2021
—
Combination deadline
—
Not disclosed
Filings on record
48
Latest Feb 14, 2024
Overview
ST Energy Transition I Ltd. is a special purpose acquisition company incorporated and registered with the SEC under CIK 0001858684. It completed its initial public offering in Dec 2021. The vehicle is sponsored by Sloane Square through Sloane Square Capital Holdings Ltd. The mandate targets technology, energy transition. Deadline lapsed without a deal; trust returned to public shareholders.
“we intend to focus our search on opportunities that contribute in positive ways towards energy transition and clean energy technology.”
Reading the filings
Arithmetic on what ST Energy Transition I Ltd. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Warrant coverage
Each unit carried one-half of one warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.
Underwriting
Morgan Stanley led the offering. It has been named on 47 SPAC IPOs, book-running 34 of them, and 13.3% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
SEC filing history
Free tier: filings older than 24 hours- SC 13G
Beneficial ownership report (passive)
Accession 0001104659-24-022628
- SC 13G/A
FORM SC 13G/A
Accession 0001062993-24-002677
- 15-12G
Deregistration of securities
Accession 0001829126-23-004555
- 25-NSE
Notification of delisting
Accession 0000876661-23-000525
- 25-NSE
Notification of delisting
Accession 0000876661-23-000487
- 8-K
Regulation FD disclosure; Other events
Items 7.01, 8.01, 9.01 · Accession 0001829126-23-003910
- 8-K
Notice of delisting or failure to satisfy a listing rule
Item 3.01 · Accession 0001829126-23-003845
- 8-K
Notice of delisting or failure to satisfy a listing rule; Other events
Items 3.01, 8.01, 9.01 · Accession 0001829126-23-003781
- 10-Q
Quarterly report
Accession 0001829126-23-003777
- NT 10-Q
Late quarterly report notification
Accession 0001829126-23-003477
- PRE 14A
PRE 14A
Accession 0001829126-23-003068
- 10-K
Annual report
Accession 0001829126-23-002511
- SC 13G/A
SC 13G/A
Accession 0001104659-23-020821
- SC 13G/A
FORM SC 13G/A
Accession 0001062993-23-003039
- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0000935836-23-000077
- 8-K
Current report
Items 5.02, 9.01 · Accession 0001829126-23-001341
- 10-Q
Quarterly report
Accession 0001829126-22-019249
- 10-Q
Quarterly report
Accession 0001829126-22-015738
- 10-Q
Quarterly report
Accession 0001829126-22-011154
- SC 13G
Beneficial ownership report (passive)
Accession 0001062993-22-012295
- 10-K
Annual report
Accession 0001829126-22-007072
- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0001104659-22-021369
- SC 13G
Beneficial ownership report (passive)
Accession 0001104659-22-013408
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001193125-22-014844
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001193125-22-008612
- SC 13G
Beneficial ownership report (passive)
Accession 0000902664-21-005308
- SC 13G
Beneficial ownership report (passive)
Accession 0001104659-21-151109
- SC 13G
Beneficial ownership report (passive)
Accession 0000935836-21-000687
- 8-K
Entry into a material definitive agreement; Other events
Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001193125-21-350247
- 424B4
Final IPO prospectus
Accession 0001193125-21-347834
ST Energy Transition I Ltd.: questions answered
What is ST Energy Transition I Ltd.?
ST Energy Transition I Ltd. is a special purpose acquisition company incorporated and registered with the SEC under CIK 0001858684. It completed its initial public offering in Dec 2021. The vehicle is sponsored by Sloane Square through Sloane Square Capital Holdings Ltd. The mandate targets technology, energy transition. Deadline lapsed without a deal; trust returned to public shareholders.
How much does ST Energy Transition I Ltd. hold in trust?
Approximately $299,163,733, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must ST Energy Transition I Ltd. complete a merger?
No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.
What happens if ST Energy Transition I Ltd. does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in ST Energy Transition I Ltd., and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
Is the trust value the same as the share price for ST Energy Transition I Ltd.?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
How much dilution do ST Energy Transition I Ltd.'s founder shares and warrants create?
Each unit also carried one-half of one warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.
Who sponsors ST Energy Transition I Ltd., and what is their track record?
Sloane Square Capital Holdings Ltd is the sponsor entity, part of the Sloane Square franchise. This is the only vehicle we have attributed to that sponsor.
Which banks underwrote the ST Energy Transition I Ltd. IPO?
Morgan Stanley. Morgan Stanley was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is ST Energy Transition I Ltd. a good investment?
That is not a question this site answers. ST Energy Transition I Ltd. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this ST Energy Transition I Ltd. data come from?
Filings ST Energy Transition I Ltd. submitted to the SEC under CIK 0001858684: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Sep 4, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Sloane Square: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Morgan Stanley in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Technology SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All liquidated spacs
Deadline lapsed without a deal; trust returned to public shareholders.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.