What happened to A123 Systems?

Bankruptcy filing On October 16, 2012, A123 filed for bankruptcy protection under Chapter 11. The filing listed assets of $459.8 million and liabilities of $376 million. The company also stated that its automotive assets would be purchased by Johnson Controls, a supplier to A123, for $125 million.

Is A123 Systems still in business?

It filed for bankruptcy in 2012 and was acquired by Wanxiang, with whom it broke even for the first time in 2015. As of 2017, A123 expected to generate revenue of $500 million that year and exceed $1 billion in 2019.

When did A123 go public?

A few days after A123 went public in the fall of 2009, the value of the company’s stock nearly doubled as investors rushed to get a piece of one of the hottest clean-tech companies.

Who bought A123?

NEC Buys A123 Energy Storage Biz From Wanxiang. Japanese ICT giant buys $100 million stake in the growing grid-scale battery market.

Is A123 Systems public?

A123 Systems hit the public market in 2009 when it debuted on the Nasdaq at $13.50 a share in what was the largest stock offering of that year. Today, shares trade around $1.30.

What are A123 batteries?

A123 Racing batteries offer superior power, minimal charge times, durability, and safety. It has a nominal voltage of 3.3V and a charge voltage of 3.6V. It has a capacity of 2300mAh, and is capable of 30C continuous discharges and 60C pulse (10 second) discharges. Each cell weighs 70 grams.

What is the stock symbol for A123 Systems?

AONE
A123 Systems (NASDAQ:AONE) Share Price | RNS News, Quotes, & Charts | AONE.

What is aone stock?

AONE is now the ticker for One, a San Francisco-based SPAC that announced last month that it will acquire 3D printer maker Markforged, maker of “The Digital Forge” additive manufacturing machines.

How many volts are A123 battery?

3.3V
2) What are the A123 Racing cell specifications? Our A123 Racing M1 cell is a cylindrical cell battery in an aluminum canister. It has a nominal voltage of 3.3V and a charge voltage of 3.6V. It has a capacity of 2300mAh, and is capable of 30C continuous discharges and 60C pulse (10 second) discharges.

Can I charge a LiFePO4 battery with a LiFe charger?

Power Sonic recommends you select a charger designed for the chemistry of your battery. This means we recommend using a lithium charger, like the LiFe Charger Series from Power Sonic, when charging lithium batteries.

Is aone a SPAC?