---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-030664"
form_type: "8-K"
ticker: "CLRCF"
cik: "0001903392"
company_name: "ClimateRock"
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T00:55:49.951418+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ClimateRock enters $500K unsecured loan agreement with Chairman-controlled Eternal BV

## Summary
- Loan up to $500K, unsecured, no interest, maturity May 1, 2024 or upon business combination.
- First installment of $150K drawn on April 12, 2023.
- Loan provided by Eternal BV, controlled by Executive Chairman Charles Ratelband V.
- Board and Audit Committee approved loan as fair and in best interests.

## SEC filing metadata
- accession: 0001213900-23-030664
- form_type: 8-K
- ticker: CLRCF
- cik: 0001903392
- company_name: ClimateRock
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1903392/000121390023030664/0001213900-23-030664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1903392/000121390023030664/ea177065-8k_climaterock.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-030664
- JSON: https://secwatch.observer/filing/0001213900-23-030664.json
- Plain text: https://secwatch.observer/filing/0001213900-23-030664.txt

## Key facts
- Debt Financings
  ClimateRock incurred loan of up to $500,000 with Eternal BV at bearing no interest maturing May 1, 2024, or if earlier, upon the consummation of the initial business combination of the Company.
  - Instrument: loan
  - Principal: up to $500,000
  - Counterparty: Eternal BV
  - Rate: bearing no interest
  - Maturity: May 1, 2024, or if earlier, upon the consummation of the initial business combination of the Company
  - Event: incurrence
  source text: On April 12, 2023, ClimateRock (the “Company”) entered into a loan agreement with Eternal BV (the “Lender”), in the principal amount of up to $500,000, on an unsecured basis and bearing no interest (the “Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1903392/000121390023030664/0001213900-23-030664-index.htm
- Material Agreements
  ClimateRock entered into a credit facility with Eternal BV valued at up to $500,000 (effective 2023-04-12).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Eternal BV
  - Value: up to $500,000
  - Effective: 2023-04-12
  source text: On April 12, 2023, ClimateRock (the “Company”) entered into a loan agreement with Eternal BV (the “Lender”), in the principal amount of up to $500,000, on an unsecured basis and bearing no interest (the “Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1903392/000121390023030664/0001213900-23-030664-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.