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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - Q × QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31 , 2021 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Delaware POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP . ( Exact name of registrant as specified in its charter ) 001-40046 ( Commission File Number ) ( State or other jurisdiction of incorporation or organization ) 321 North Clark Street , Suite 2440 Chicago , IL 60654 ( Address Of Principal Executive Offices ) ( 312 ) 262-5642 Registrant's telephone number , including area code Not Applicable ( Former name or former address , if changed since last report ) Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class Units , each consisting of one share of Class A common stock , $ 0.0001 par value , and one - fourth of one redeemable warrant Class A common stock included as part of the units Redeemable warrants included as part of the units Trading Symbol ( s ) XPDIU XPDI XPDIW 60654 ( Zip Code ) 86-1243837 ( IRS Employer Identification No. ) Name of each exchange on which registered The Nasdaq Capital Market The Nasdaq Capital Market The Nasdaq Capital Market Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes □ No ☑ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes > No □ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , ” and “ emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Non - accelerated filer Emerging growth company ☐ 冈 冈 Accelerated filer Smaller reporting company ☐ ☑ If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No □ As of May 24 , 2021 , 34,500,000 Class A common shares , par value $ 0.0001 per share , and 8,625,000 Class B common shares , par value $ 0.0001 per share , were issued and outstanding , respectively .