CleanTech Acquisition Corp. Announces the Separate Trading of its Common Stock, Rights and Warrants, Commencing August 4, 2021
July 30 2021 - 7:44PM
CleanTech Acquisition Corp. (the "Company") announced today that,
commencing August 4, 2021, holders of the units sold in the
Company’s initial public offering completed on July 19, 2021, may
elect to separately trade the shares of common stock, rights and
warrants included in such units on The Nasdaq Capital Market
(“Nasdaq”).
No fractional warrants will be issued upon separation of the
units and only whole warrants will trade. The common stock, rights
and warrants that are separated will trade on Nasdaq under the
symbols "CLAQ," "CLAQR" and "CLAQW," respectively. Those units not
separated will continue to trade on Nasdaq under the symbol
“CLAQU.” Holders of units will need to have their brokers contact
Continental Stock Transfer & Trust Company, the Company’s
transfer agent, in order to separate the units into ordinary shares
and warrants.
The units were initially offered by the Company in an
underwritten offering. Chardan acted as sole book-running manager
of the offering. A registration statement relating to these
securities was declared effective by the U.S. Securities and
Exchange Commission (the "SEC") on July 14, 2021. The offering was
made only by means of a prospectus, copies of which may be obtained
by contacting Chardan, 17 State Street, 21st Floor, New York, New
York 10004. Copies of the registration statement can be accessed
through the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About CleanTech Acquisition Corp.
CleanTech Acquisition Corp. is a blank check company formed for
the purpose of entering into a merger, share exchange, asset
acquisition, stock purchase, recapitalization, reorganization or
other similar business combination with one or more businesses or
entities. While CleanTech Acquisition Corp. may pursue an initial
business combination in any region or sector, CleanTech Acquisition
Corp. will seek to identify, through its management team’s
experience and expertise, a business that aims to contribute
towards the mission of shifting the world away from carbon
dependency and facilitating a greener future.
Forward Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, including the Company’s search for an initial business
combination, are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
The Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
Contact:
Eli SpiroChief Executive Officer, CleanTech Acquisition Corp.
(917) 699-5990
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