ClimateRock completes IPO, deposits $79.9M in trust for business combination

ClimateRock

Sold 7,875,000 units at $10.00/unit for gross $78,750,000; over-allotment of 375,000 units exercised.
Private placement of 3,762,500 warrants to sponsor at $1.00/warrant, gross $3,762,500.
$79,931,250 placed in trust account held by Continental Stock Transfer & Trust Company.
Audited balance sheet as of May 2, 2022 shows $81,035,100 total assets, $79,931,250 redeemable shares.
Deferred underwriting commissions of $2,362,500 payable upon consummation of initial business combination.

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