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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): November 30, 2023
ClimateRock
(Exact
name of registrant as specified in its charter)
Cayman Islands |
|
001-41363 |
|
N/A |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
25 Bedford Square
London,
WC1B 3HH, United Kingdom
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: +44 203 954 0590
Not
Applicable
(Former name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Units, each consisting of one Class A Ordinary Share, one-half of one Redeemable Warrant and one Right |
|
CLRCU |
|
The
Nasdaq Stock Market LLC |
Class A Ordinary Shares, par value $0.0001 |
|
CLRC |
|
The
Nasdaq Stock Market LLC |
Redeemable Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 |
|
CLRCW |
|
The
Nasdaq Stock Market LLC |
Rights, each entitling the holder to receive one-tenth (1/10) of one Class A Ordinary Share upon the consummation of an initial business combination |
|
CLRCR |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
1.02 Termination of A Material Definitive Agreement.
On
November 29, 2023, ClimateRock, a Cayman Islands exempted company (the “Company”), 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.
Item
8.01 Other Events
On
November 30, 2023, the Company issued a press release announcing the Termination. A copy of the press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
ClimateRock |
|
|
|
By: |
/s/ Per
Regnarsson |
|
|
Name: Per Regnarsson |
|
|
Title: Chief Executive
Officer |
Dated:
November 30, 2023
2
Exhibit 99.1
ClimateRock
Announces Termination of Business Combination Agreement
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.
About
ClimateRock
ClimateRock
is a blank check company incorporated as a Cayman Islands exempted company for the purpose of entering into a merger, share exchange,
asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in any industry or geographic
location, but intends to focus on acquiring a target within the sustainable energy industry in the Organization for Economic Co-operation
and Development countries, including climate change, environment, renewable energy and emerging, clean technologies.
Forward-Looking
Statements
This
press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking
statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. When used in this press release, words such as “anticipate,” “believe,” “continue,”
“could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,”
“possible,” “potential,” “predict,” “project,” “should,” “would”
and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements
are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed
in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking
statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements
are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors
section of the Company’s public filings with the SEC. The Company undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by law.
Contact
Information:
Phone
number: +44 203 954 0590
Email:
info@climate-rock.com
Person
of contact: Abhishek Bawa
Investor
Contact:
Phone number: +44 203 954 0590
Email: info@climate-rock.com
Person of contact: Abhishek Bawa
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