Media
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21-05-2024
GlobeNewswire - ClimateRock Appoints Dariusz Sliwinski to the Board of Directors
LONDON, May 21, 2024 (GLOBE NEWSWIRE) -- ClimateRock (NASDAQ: CLRC) (“ClimateRock” or the “Company”), a special purpose acquisition company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced today the appointment of Dariusz Sliwinski as an independent member to its Board of Directors, effective May 20, 2024. Concurrently, Mr. Sliwinski was appointed as a member and Chairman of the Audit Committee and to serve on the Company’s Special Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee.
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29-01-2024
GlobeNewswire - ClimateRock and GreenRock Announce Filing of a Registration Statement in Connection with Proposed Business Combination
LONDON, Jan. 29, 2024 (GLOBE NEWSWIRE) -- ClimateRock (Nasdaq: CLRC), a special purpose acquisition company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, and GreenRock, an independent energy producer, focusing on integrating renewable power solutions with battery energy management and green hydrogen production, announced today the filing of a registration statement on Form F-4 (the “Registration Statement”), which includes a preliminary proxy statement and a prospectus, in connection with their previously announced Agreement and Plan of Merger, dated as of December 30, 2023 (the “Business Combination Agreement”).
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04-01-2023
S&P Global Market Intelligence - Energy transition investors fighting to defy SPAC stigma
"We're now in SPAC 2.0 where things are being much more regulated and governed," said Per Regnarsson, CEO of ClimateRock, a clean energy SPAC that listed on the Nasdaq in May 2022, more than a year after the initial rush.
"There was a lot of money going into these [targets] ... with no revenues, no cash flows and just a lot of promises," Regnarsson said in an interview. "Now it's about investing in cash-flowing activities."
ClimateRock opted for a relatively small IPO — raising $78.8 million — to put "less pressure" on redemptions, according to Regnarsson. In October, the vehicle agreed to merge with E.E.W. Eco Energy World PLC, a solar farm developer in Europe and Asia with a project pipeline of more than 10 GW.
The companies expect to close the deal in the first half of 2023, overcoming a milestone that has tripped up certain SPACs in the past. -
06-10-2022
GlobeNewswire - ClimateRock and E.E.W. Eco Energy World PLC, Announce Definitive Business Combination Agreement
London, United Kingdom, Oct. 06, 2022 (GLOBE NEWSWIRE) -- ClimateRock (Nasdaq: CLRC), a special purpose acquisition company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, and EEW, an independent global developer of utility scale solar photovoltaic projects from greenfield to ready-to-build, announced today the signing of a definitive business combination agreement (the “Business Combination Agreement”). Upon the closing of the business combination (the “Business Combination”), a newly formed holding company that will own ClimateRock and EEW (“Pubco”), is expected to be listed on the Nasdaq Stock Market and will be led by Svante Kumlin, EEW’s founder and Chief Executive Officer, with two individuals from ClimateRock joining the board of directors.
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03-05-2022
Deal Flow's SPAC News - ClimateRock Closes $79M IPO
ClimateRock closed its initial public offering of 7.5 million units. In addition, the underwriters’ partially exercised the over-allotment option to purchase an additional 375,000 units. Total gross proceeds came to $78.75 million.Each unit consists of one Class A ordinary share, one-half of a warrant and one right to receive one-tenth of a share.Units trade on the Nasdaq under the ticker symbol CLRCU. Once the securities begin separate trading, shares, warrants and rights will list under the symbols CLRC, CLRCW and CLRCR, respectively.
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02-05-2022
GlobeNewswire - ClimateRock Announces Closing of $75.0 Million Initial Public Offering
United Kingdom, May 02, 2022 (GLOBE NEWSWIRE) -- ClimateRock (the “Company”), a newly organized blank check company incorporated as a Cayman Islands exempted company and led by Chairman, Charles Ratelband V and CEO, Per Regnarsson, announced today the closing of its previously announced initial public offering of 7,500,000 units. In addition, the underwriters’ partially exercised the over-allotment option to purchase an additional 375,000 units. The units were sold at an offering price of $10.00 per unit, resulting in total gross proceeds of $78.75 million. Each unit consists of one Class A ordinary share, one-half (1/2) of one redeemable warrant and one right to receive one-tenth (1/10) of one Class A ordinary share. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share, and each ten (10) rights entitle the holder thereof to receive one Class A ordinary share at the closing of a business combination. The exercise price of the warrants is $11.50 per whole share. The units began trading on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “CLRCU” on April 28, 2022. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights will be traded on Nasdaq under the symbols “CLRC,” “CLRCW,” and “CLRCR,” respectively.
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29-04-2022
The deep dive - Green Energy SPAC ClimateRock Prices US$75 Million IPO
Special purpose acquisition company ClimateRock (Nasdaq: CLRCU) started trading publicly on the Nasdaq Global Market on Thursday. The company is seeking to raise US$75 million in its initial public offering. The offering consists of 7.5 million company units priced at US$10.00 per unit. Each unit is composed of one Class A share, one-half of a purchase warrant, and one-tenth of a right. Each whole warrant is redeemable for one Class A common share at US$11.50 per share while each whole right is equivalent to one Class A common share upon a successful business combination.
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27-04-2022
Yahoo! Finance - ClimateRock Announces Pricing of $75.0 Million Initial Public Offering
United Kingdom, April 27, 2022 (GLOBE NEWSWIRE) -- ClimateRock (the “Company”), a newly organized blank check company incorporated as a Cayman Islands exempted company and led by Chairman, Charles Ratelband V and CEO, Per Regnarsson, announced today the pricing of its initial public offering of 7,500,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share, one-half (1/2) of one redeemable warrant and one right to receive one-tenth (1/10) of one Class A ordinary share. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share, and each ten (10) rights entitle the holder thereof to receive one Class A ordinary share at the closing of a business combination. The exercise price of the warrants is $11.50 per whole share. The units are expected to trade on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “CLRCU” beginning on April 28, 2022. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights will be traded on Nasdaq under the symbols “CLRC,” “CLRCW,” and “CLRCR,” respectively. The offering is expected to close on May 2, 2022, subject to customary closing conditions.
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14-03-2022
Renaissance Capital - Sustainable energy-focused SPAC ClimateRock files for a $75 million IPO
ClimateRock, a blank check company targeting the sustainable energy industry in OECD countries, filed on Monday with the SEC to raise up to $75 million in an initial public offering.
The London, United Kingdom-based company plans to raise $75 million by offering 7.5 million units at a price of $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50. At the proposed deal size, ClimateRock would command a market value of $95 million. -
01-03-2022
Bloomberg - ClimateRock Company Profile
ClimateRock operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.
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01-03-2022
Gluon - Gluon Participates in IPO of ClimateRock on Nasdaq
Gluon is delighted to announce the listing of a new renewable energy investment platform, ClimateRock, on Nasdaq, founded by Charles Ratelband V, a 5th generation Dutch entrepreneur and climate change visionary. We would like to thank Charles and everyone else involved for their hard work over the past few months, including our advisors at Ellenoff Grossman & Schole, Maxim, UHY, Fidato and Ogier. We look forward to the exciting next steps.