other material
confidence high
sentiment negative
materiality 0.85
ClimateRock extends SPAC deadline to Nov 2025; ~$25M redeemed from trust
ClimateRock
- Shareholders approved extension from May 2, 2025 to Nov 2, 2025.
- Redemption Limitation amendment also approved; 2,058,545 public shares redeemed.
- Estimated redemption ~$12.17/share; ~$25.06M removed from trust account.
- Remaining public shares outstanding: 406,678 after redemptions.
- Articles amendment filed with Cayman Islands Registrar on May 2, 2025.