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CLRC (ClimateRock) is no longer actively trading.
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CLRC does not currently pay a dividend.
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ClimateRock's core mission is to execute a strategic business combination, which may involve a merger, stock swap, acquisition of assets or shares, corporate restructuring, or a comparable deal, with one or more enterprises. The firm specifically intends to target its inaugural combination within the spheres of climate change, environmental solutions, renewable energy, and innovative clean technologies. Established in 2021, the company operates from its headquarters in London, United Kingdom.
LONDON, May 21, 2024 (GLOBE NEWSWIRE) -- ClimateRock (NASDAQ: CLRC) (“ClimateRock” or the “Company”), a special purpose acquisition company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced today the appointment of Dariusz Sliwinski as an independent member to its Board of Directors, effective May 20, 2024. Concurrently, Mr. Sliwinski was appointed as a member and Chairman of the Audit Committee and to serve on the Company's Special Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee.
~ Transaction consideration to be paid to the shareholders of GreenRock Corp (“GreenRock”) will be up to $446 million of which $166 million is contingent upon the satisfaction of certain performance-linked targets for 2024 ~
United Kingdom, Nov. 30, 2023 (GLOBE NEWSWIRE) -- ClimateRock (NASDAQ: CLRC) (the “Company”) announced that it notified E.E.W. Eco Energy World PLC (“E.E.W.) that the Company has elected to terminate the Amended and Restated Business Combination Agreement among the Company, E.E.W. and the other parties thereto, dated as of August 3, 2023 (the “Business Combination Agreement”), effective immediately, pursuant to Section 9.1(b) and 9.2 thereof, since the conditions to the closing of the initial business combination were not satisfied or waived by the outside date of September 30, 2023 (the “Termination”). As a result, the Business Combination Agreement is of no further force and effect, except for certain specified provisions in the Business Combination Agreement, which shall survive the Termination and remain in full force and effect in accordance with their respective terms. The Company and its sponsor intend to seek alternative ways to consummate an initial business combination.