Climaterock

Market Movers (8-K)

ClimateRock director Niels Brix resigned due to a lapse in Directors and Officers (D&O) insurance coverage, which has since been reinstated.
ClimateRock shareholders approved an extension for its initial business combination deadline to May 2, 2026, resulting in 436,079 share redemptions totaling approximately $5.54 million.
Delay expected
Worse than expected
ClimateRock shareholders approved an extension for the company to complete its initial business combination until May 2, 2026, following significant share redemptions.
Delay expected
Worse than expected
ClimateRock shareholders approve extending the deadline for an initial business combination to November 2, 2025, and eliminating the net tangible asset limitation on redemptions.
Delay expected
ClimateRock has adjourned its special shareholder meeting to May 1, 2025, to seek approval for extending the deadline to complete an initial business combination.
Delay expected
ClimateRock announces a revised sponsor contribution of $0.04 per share to the trust account for a proposed extension to complete its initial business combination, and waives its right to withdraw up to $50,000 for dissolution expenses.
Better than expected
Delay expected

Quarterly Earnings (10-Q)

ClimateRock extends its business combination deadline to May 2026, facing significant cash depletion, Nasdaq delisting, and a going concern warning, despite securing new financing for its GreenRock merger.
Worse than expected
Capital raise
Delay expected
ClimateRock, a SPAC, secured up to $86 million in new financing and extended its business combination deadline to November 2025, but faces Nasdaq delisting and significant going concern doubts.
Worse than expected
Capital raise
Delay expected
ClimateRock, a blank check company, reported a significant working capital deficit and delisting from Nasdaq, while extending its business combination deadline to November 2025 and undergoing management changes.
Delay expected
Worse than expected
Capital raise
ClimateRock's Q3 2024 report shows a net loss for the nine-month period, ongoing efforts to secure a business combination, and a delisting notice from Nasdaq due to insufficient public shareholders.
Worse than expected
Delay expected
Capital raise
ClimateRock's Q2 2024 report reveals a net loss of $581,834 and a working capital deficit, raising concerns about its ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise
ClimateRock has extended its deadline to complete a business combination to May 2025, while reporting a net loss for the quarter ended March 31, 2024.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

ClimateRock, a blank check company, has been delisted from Nasdaq and faces substantial doubt about its ability to continue as a going concern after failing to complete a business combination by its deadline, despite multiple extensions and significant shareholder redemptions.
Worse than expected
Capital raise
Delay expected
ClimateRock's annual report details its financial status, the termination of the EEW business combination, and the new proposed merger with GreenRock, alongside risks and forward-looking statements.
Worse than expected
Delay expected
Capital raise
ClimateRock has filed an amended 10-K report to restate its 2022 financial statements due to material weaknesses in internal controls and incorrect classifications of assets and liabilities.
Worse than expected

Insider Trading (Form 4)

ClimateRock's securities will be delisted from Nasdaq after failing to complete its initial business combination by the April 7, 2025 deadline, but the company intends to pursue the merger with GreenRock Corp and ClimateRock Holdings Limited and list the combined entity on Nasdaq.
Delay expected
Worse than expected
ClimateRock and GreenRock amended their merger agreement, altering the share consideration for GreenRock's founding shareholders to include Class B shares with enhanced voting rights.
Capital raise
ClimateRock and GreenRock have amended their merger agreement, removing the minimum cash closing condition, extending the outside date to May 2, 2025, and adjusting the escrow share terms.
Worse than expected
Delay expected
ClimateRock (NASDAQ: CLRC) announces the appointment of Dariusz Sliwinski as an independent director, effective May 20, 2024.

Proxy Statements (Def-14A)

ClimateRock is requesting shareholder approval to extend the deadline for completing a business combination from May 2, 2026, to November 2, 2026, to facilitate its proposed merger with GreenRock.
Delay expected
ClimateRock is asking shareholders to approve a fourth extension to complete its GreenRock business combination, pushing the deadline from November 2, 2025, to May 2, 2026.
Worse than expected
Capital raise
Delay expected
ClimateRock is asking shareholders to approve an extension of the deadline to complete a business combination and an amendment to eliminate redemption limitations, aiming to finalize its merger with GreenRock Corp.
Delay expected
ClimateRock is seeking shareholder approval to extend the deadline for its initial business combination to May 2, 2025, while facing redemption requests for approximately 2.40% of its outstanding Class A ordinary shares.
Delay expected
ClimateRock is requesting shareholder approval to extend the deadline for completing a business combination from May 2, 2024, to May 2, 2025, to allow more time to finalize its proposed merger with GreenRock.
Delay expected

Schedule 13G - Passive Investments

Clear Street LLC has filed an amendment to its Schedule 13G, indicating that its beneficial ownership of ClimateRock common stock no longer meets the 5% reporting threshold, thus terminating its reporting obligation.
Clear Street LLC has filed a Schedule 13G reporting a 6.1% beneficial ownership stake in ClimateRock common stock.
Feis Equities LLC and Lawrence M. Feis have filed an amended Schedule 13G, reporting zero beneficial ownership of ClimateRock's Class A ordinary shares.
Lighthouse Investment Partners and MAP 136 Segregated Portfolio report 0% beneficial ownership in ClimateRock as of June 30, 2025.
Wolverine Asset Management LLC and its affiliated entities, including Wolverine Holdings, L.P., Wolverine Trading Partners, Inc., Christopher L. Gust, and Robert R. Bellick, have filed an amended Schedule 13G indicating they no longer beneficially own any Class A Ordinary Shares of ClimateRock.
Yakira Capital Management and its affiliated funds have filed an amended Schedule 13G, indicating they no longer hold a beneficial ownership stake in ClimateRock's Class A Ordinary Shares.
Worse than expected