Clean Energy Special Situations Corp.

Clean Energy Special Situations Corp.

SWSS
Clean Energy Special Situations Corp.US flagOther OTC
10.70
USD
- -
- -
49.90MMarket Cap
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.12
0.16
0.17
Free Cash Flow per Basic Share
- -
-0.25
-0.12
-0.18
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
37.95
32.57
2.72
Tangible Book Value per Share
- -
38.28
32.57
2.72
Basic Weighted Avg Shares
- -
5
5
5
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
-1
1
1
Effective Tax Rate (%)
- -
- -
35.62
42.46
Profit Margin (%)
- -
- -
- -
- -
Working Capital
- -
1
- -
-3
LT Debt
- -
- -
- -
- -
Total Equity
- -
174
175
15
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
0.48
1.17
Return on Common Equity (%)
- -
- -
0.48
0.98

Capital Structure

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
54
55
56

Working Capital

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
3
3
3
Payables & Accruals
3
2
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
0.48%
Free Cash Flow
- -
- -
-41.49%
Net Income, GAAP
- -
- -
-248.82%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
-0.01
- -
-0.12
2022
-0.04
- -
0.07
- -
0.16
2023
0.11
-0.02
-0.04
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Raghunath Kilambi
Full Time Employees
3
Sector
Financial Services
Industry
Financial - Conglomerates
Address
405 Lexington Avenue New York City NY United States of America 10174
IPO Date
Sep 23, 2021
Business
Clean Energy Special Situations Corp. (SWSS) operates as a blank check company whose primary business is to effect mergers, share exchanges, asset acquisitions, stock purchases, recapitalizations, reorganizations, or other similar business combinations, with a targeted focus on opportunities in the clean energy sector; it currently conducts no significant independent operations. Incorporated in 2020 and headquartered in New York, New York, the company, formerly known as Springwater Special Situations Corp., changed its name in August 2023 to reflect its strategic emphasis on clean energy special situations. It serves as a subsidiary of Springwater Promote LLC and trades on the OTC markets after delisting from Nasdaq due to compliance issues including delayed filings for its 2023 Annual Report and 2024 first-quarter 10-Q. In June 2024, Clean Energy Special Situations Corp. signed a non-binding letter of intent for a business combination with an undisclosed leading B2B iGaming technology platform company that provides software solutions for sportsbook, casino games, poker, lottery, and fantasy sports offerings to global operators, with the target reporting over 70 million euros in 2023 revenue and projecting strong growth in 2024 and 2025; the target's equity holders plan to roll 100% into the combined public entity, though a definitive agreement anticipated by early Q3 2024 remains pending due diligence, board and shareholder approvals, and other conditions, with no assurance of completion. The company maintains a lean structure with minimal debt, low shares outstanding at approximately 4.83 million, positive net income of $920,000 trailing twelve months, and a recent stock price around $10.70 as of late 2025.

Company News

APIChat
  • Clean Energy Special Situations Corp. Announces Signing of Non-Binding Letter of Intent for a Business Combination with a Leading B2B iGaming Technology Platform Company

  • Clean Energy Special Situations Corp. Receives Notice from Nasdaq Regarding Suspension of Trading of Securities

  • Clean Energy Special Situations Corp. Receives Notice from Nasdaq Regarding Suspension of Trading of Securities and Plans to File for Hearing

  • Clean Energy Special Situations Corp. Receives Notice from Nasdaq Regarding Suspension of Trading of Securities and Files for Hearing

  • Clean Energy Special Situations Corp. Receives Notice from Nasdaq Regarding Late Form 10-Q Filing

  • Clean Energy Special Situations Corp. Receives Notice from Nasdaq Regarding Late Form 10-Q Filing