---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-062525"
form_type: "8-K"
ticker: null
cik: "0001838000"
company_name: "Clean Energy Special Situations Corp."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T14:49:06.531353+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-23-062525
- form_type: 8-K
- cik: 0001838000
- company_name: Clean Energy Special Situations Corp.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838000/000121390023062525/0001213900-23-062525-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838000/000121390023062525/ea182747-8k_cleanenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-062525
- JSON: https://secwatch.observer/filing/0001213900-23-062525.json
- Plain text: https://secwatch.observer/filing/0001213900-23-062525.txt

## Key facts
- Executive change
  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
  source text: Raghunath Kilambi, 57, was elected Chief Executive Officer and Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838000/000121390023062525/0001213900-23-062525-index.htm
- Executive change
  Ignacio Casanova resigned as Chief Financial Officer at Clean Energy Special Situations Corp..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Mr. Casanova from the office of Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838000/000121390023062525/0001213900-23-062525-index.htm
- Executive change
  Martin Gruschka resigned as Chief Executive Officer at Clean Energy Special Situations Corp..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: Mr. Gruschka from the office of Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838000/000121390023062525/0001213900-23-062525-index.htm
- Executive change
  Eduardo Montes resigned as Director at Clean Energy Special Situations Corp..
  - Action: resigned
  - Role: Director
  source text: Eduardo Montes resigned from the Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838000/000121390023062525/0001213900-23-062525-index.htm
- Executive change
  Angel Pendas resigned as Secretary at Clean Energy Special Situations Corp..
  - Action: resigned
  - Role: Secretary
  source text: Mr. Pendas from the office of Secretary
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838000/000121390023062525/0001213900-23-062525-index.htm
- Governance Changes
  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
  source text: 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."
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838000/000121390023062525/0001213900-23-062525-index.htm

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