Volta Industries, Inc. and Tortoise Acquisition Corp. II announced they intend to merge. Upon the closing of the transaction, the combined entity will be named Volta Inc. and remain on the New York Stock Exchange under the new ticker symbol 'VLTA'.

Mercer will continue as CEO of the combined company, overseeing the vision and evolution of the company and Wendel will continue as President. They are joined by Volta's executive team: Chief Strategy Officer, Drew Lipsher; General Counsel, Jim DeGraw; CFO, Debra Crow, CTO, Praveen Mandal; CMO, Nadya Kohl; and CRO, Brandt Hastings. The combined company's board (subject to shareholder approval) will include existing members from Volta and Tortoise Acquisition Corp.

II, including Cubbage, Mercer, Wendel, and investors Eli Aheto from Virgo Investment Group and John Tough from Energize Ventures. The combined company board will be rounded out with an independent slate including Kathy Savitt (President and Chief Commercial Officer, Boom Supersonic and former CMO and Head of Global Media at Yahoo!), and Martin Lauber (Advertising industry entrepreneur, Managing Partner at 19York).