ClimateRock Files 8-K Detailing Share Structure
Ticker: CLRWF · Form: 8-K · Filed: Apr 29, 2025 · CIK: 1903392
| Field | Detail |
|---|---|
| Company | Climaterock (CLRWF) |
| Form Type | 8-K |
| Filed Date | Apr 29, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-structure, warrants, rights
TL;DR
ClimateRock's 8-K details its shares, warrants ($11.50 exercise), and rights for future biz combos.
AI Summary
ClimateRock filed an 8-K on April 29, 2025, reporting on other events and financial statements. The filing details the company's structure, including ordinary shares, redeemable warrants exercisable at $11.50, and rights entitling holders to a tenth of an ordinary share upon a business combination. The company is incorporated in the Cayman Islands and its principal executive offices are located in London.
Why It Matters
This filing provides crucial details about ClimateRock's capital structure, including the terms of its warrants and rights, which are important for investors to understand potential dilution and future business combination scenarios.
Risk Assessment
Risk Level: medium — The filing details the terms of warrants and rights, which can impact future share price and dilution, requiring careful investor consideration.
Key Numbers
- 1/10th — Rights entitlement (Holders of rights are entitled to receive one-tenth of one Class Ordinary Share upon consummation of an initial business combination.)
- $11.50 — Warrant exercise price (Each redeemable warrant is exercisable for one Class Ordinary Share at this price.)
Key Players & Entities
- ClimateRock (company) — Registrant
- April 29, 2025 (date) — Date of earliest event reported
- $11.50 (dollar_amount) — Warrant exercise price
FAQ
What is the exercise price for ClimateRock's redeemable warrants?
The exercise price for ClimateRock's redeemable warrants is $11.50 per share.
What are the rights holders entitled to upon a business combination?
Upon consummation of an initial business combination, rights holders are entitled to receive one-tenth (1/10th) of one Class Ordinary Share.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on April 29, 2025.
Where are ClimateRock's principal executive offices located?
ClimateRock's principal executive offices are located at 50 Sloane Avenue, London, SW3 3DD.
What is the par value of ClimateRock's Class Ordinary Shares?
The par value of ClimateRock's Class Ordinary Shares is $0.0001 per share.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 29, 2025 regarding ClimateRock (CLRWF).