other material
confidence high
sentiment neutral
materiality 0.65
ClimateRock closes $78.75M IPO; $79.93M placed in trust for business combination
ClimateRock
- IPO of 7,875,000 units at $10.00/unit, including 375,000 over-allotment units, gross $78.75M.
- Sponsor purchased 3,762,500 Private Placement Warrants at $1.00 each, adding $3.7625M.
- Total proceeds of $79,931,250 deposited into trust account for future business combination.
- Blank-check company targeting sustainable energy businesses in OECD countries.
- Units trade on Nasdaq as CLRCU; separate trading of CLRC, CLRCW, CLRCR to follow.