other material
confidence high
sentiment neutral
materiality 0.35
ClimateRock amends Gluon engagement; success fee cut to $250K, new financing fees set
ClimateRock
- Reduced Transaction Success Fee from $1,000,000 to $250,000 under First Amendment to Gluon engagement letter.
- For debt financing introduced by Gluon, cash fee of 2.0% of gross proceeds at closing.
- For equity/equity-linked/convertible financing introduced by Gluon, cash fee of 5.0% of gross proceeds at closing.
- All other terms of original engagement remain unchanged.