regulatory
confidence high
sentiment negative
materiality 0.85
Climate Real Impact Solutions II Acquisition Corp: Nasdaq/NYSE listing notice — NYSE delists CLIM warrants (CLIM WS) due to low price; SPAC seeks early unwind
Climate Real Impact Solutions II Acquisition Corp
- NYSE notified CLIM on Oct 28 that warrants will be delisted under Section 802.01D; trading suspended immediately.
- CLIM seeks stockholder approval to amend charter to redeem all public shares before Dec 30, 2022.
- If charter amendment approved and shares redeemed, CLIM warrants will expire worthless; no appeal planned.
- Early unwind proposal suggests SPAC may not complete a business combination by Jan 29, 2023 deadline.