ClimateRock
CLRCR
NASDAQ Global Market0.22
USD
+0.22
- -
CIK
0001903392
ISIN
KYG2311X1346
CUSIP
G2311X134
Return %
Stock
S&P500
1Y
- -
18.21
3Y
43.33
63.29
5Y
95.45
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Per Regnarsson
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 50 Sloane Avenue London United Kingdom SW3 3DD
- IPO Date
- Jun 2, 2022
- CIK
- 0001903392
- Website
- climate-rock.com
- Similar Companies
- Business
- ClimateRock (NASDAQ:CLRCR) operates as a blank check company whose primary business is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses focused on climate change, environment, renewable energy, emerging clean technologies, and related enabling technologies; it targets strategic renewable assets including wind, solar, hydroelectric, energy storage, and green hydrogen primarily in OECD countries. Incorporated in 2021 and headquartered in London, United Kingdom, the company has no significant current operations or revenue but leverages its management's extensive experience in renewable energy investing, operations, project finance, M&A, and capital raising from firms such as JP Morgan, Goldman Sachs, and Merrill Lynch to pursue value-accretive deals that combine growth and dividends while delivering environmental impact. Recent developments include entering a definitive business combination agreement with GreenRock Corp in January 2024 for approximately $446 million in share consideration, followed by multiple amendments including on March 21, 2025, and November 6, 2024, alongside filing a registration statement; however, facing heavy shareholder redemptions that reduced trust cash to about $3.9 million, Nasdaq delisted its securities in April 2025, shifting them to OTC Markets under tickers CLRCF, CLRCRF, and others, while the company continues pursuing the GreenRock merger and appointed a new interim CFO. Prior to the GreenRock pursuit, ClimateRock terminated a business combination with E.E.W. Eco Energy World in November 2023 due to unmet closing conditions and extended its combination period multiple times, most recently to May 2024 before delisting risks materialized. The company serves investors seeking exposure to the clean energy transition amid global decarbonization needs estimated at $1.6 trillion by 2030, with operations centered in OECD markets and no subsidiaries or parent entities currently reported.