8-K filed August 2, 2023, 7:59 PM ET CIK 0001838000

leadership confidence high sentiment neutral materiality 0.70

Springwater Special Situations renames to Clean Energy; entire board and CEO/CFO resign, replaced by Raghunath Kilambi

Clean Energy Special Situations Corp.

Effective Aug. 2, 2023, directors Gruschka, Casanova, Pendas, Montes resigned; Gruschka as CEO, Casanova as CFO, Pendas as Secretary.
Resignations not due to any disagreement with the company's operations, policies, or practices.
Raghunath Kilambi (57) appointed CEO and CFO; previously a director since May 2023 and advisor since IPO.
Company name changed from Springwater Special Situations Corp. to Clean Energy Special Situations Corp. via certificate amendment.
Kilambi brings 25+ years in tech/clean tech investments; CEO of PowerTap Hydrogen Capital Corp. since May 2020.

item 5.02 item 5.03 item 9.01

Executive movements

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Appointed

Raghunath Kilambi

Chief Executive Officer and Chief Financial Officer

Clean Energy Special Situations Corp.

Effective: 2023-08-02
Filed: August 2, 2023, 7:59 PM ET

Raghunath Kilambi, 57, was elected Chief Executive Officer and Chief Financial Officer of the Company.

Departed

Ignacio Casanova

Chief Financial Officer

Clean Energy Special Situations Corp.

Effective: 2023-08-02
Successor: Raghunath Kilambi
Filed: August 2, 2023, 7:59 PM ET

Mr. Casanova from the office of Chief Financial Officer

Departed

Martin Gruschka

Chief Executive Officer

Clean Energy Special Situations Corp.

Effective: 2023-08-02
Successor: Raghunath Kilambi
Filed: August 2, 2023, 7:59 PM ET

Mr. Gruschka from the office of Chief Executive Officer

Departed

Eduardo Montes

Director

Clean Energy Special Situations Corp.

Effective: 2023-08-02
Filed: August 2, 2023, 7:59 PM ET

Eduardo Montes resigned from the Board of Directors

Departed

Angel Pendas

Secretary

Clean Energy Special Situations Corp.

Effective: 2023-08-02
Filed: August 2, 2023, 7:59 PM ET

Mr. Pendas from the office of Secretary

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Raghunath Kilambi was elected as Chief Executive Officer and Chief Financial Officer at Clean Energy Special Situations Corp..

Action: elected
Role: Chief Executive Officer and Chief Financial Officer

Exact text from the filing

Raghunath Kilambi, 57, was elected Chief Executive Officer and Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ignacio Casanova resigned as Chief Financial Officer at Clean Energy Special Situations Corp..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Mr. Casanova from the office of Chief Financial Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Martin Gruschka resigned as Chief Executive Officer at Clean Energy Special Situations Corp..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Mr. Gruschka from the office of Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Eduardo Montes resigned as Director at Clean Energy Special Situations Corp..

Action: resigned
Role: Director

Exact text from the filing

Eduardo Montes resigned from the Board of Directors

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Angel Pendas resigned as Secretary at Clean Energy Special Situations Corp..

Action: resigned
Role: Secretary

Exact text from the filing

Mr. Pendas from the office of Secretary

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Clean Energy Special Situations Corp.: Company changed its name from Springwater Special Situations Corp. to Clean Energy Special Situations Corp. via an amendment to its Amended and Restated Certificate of Incorporation (effective 2023-08-02).

Change: charter amendment
Effective: 2023-08-02

Exact text from the filing

On August 2, 2023, the Company filed an amendment to its Amended and Restated Certificate of Incorporation, as amended, changing the name of the Company from "Springwater Special Situations Corp." to "Clean Energy Special Situations Corp."

View on SEC.gov

27 governance changes filed in the last 30 days. Browse all governance changes →

Source: SEC EDGAR

accession 0001213900-23-062525

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