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ClimateRock Priced, Nasdaq: CLRC

Blank check company targeting the sustainable energy industry in OECD countries (pending: GreenRock).

Industry: SPAC

Latest Trade: $11.65 0.00 (0.0%)

First Day Return: +0.6%

Return from IPO: +16.5%

Industry: SPAC

We are a newly organized blank check company formed as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific initial business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target. We may pursue an initial business combination target in any industry or sector, but we expect to focus on acquiring a target within the sustainable energy industry in the OECD countries, including climate change, environment, renewable energy and emerging, clean technologies. While we are not limited to investing in a company in a specific geographic region, we expect to focus on Organization for Economic Co-operation and Development (the “OECD”) countries and regions with strong policy and regulatory support for the green energy transition. Management believes that this offers considerable, attractive acquisition opportunities given the current OECD Environmental, Social and Corporate Governance (“ESG”) principles and the opportunity for growth and financial return.
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IPO Data
IPO File Date 03/14/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/27/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters London, United Kingdom
Founded 2021
Employees at IPO 2

ClimateRock (CLRC) Performance