Current Report Filing (8-k)
August 03 2021 - 4:47PM
Edgar (US Regulatory)
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
July 28, 2021
Date of Report (Date of earliest event reported)
CleanTech Acquisition Corp.
(Exact Name of Registrant as Specified in its Charter)
Delaware
|
|
001-40611
|
|
85-1699753
|
(State or other jurisdiction
of incorporation)
|
|
(Commission File Number)
|
|
(I.R.S. Employer
Identification No.)
|
207 West 25th Street, 9th Floor
New York, NY
|
|
10001
|
(Address of Principal Executive Offices)
|
|
(Zip Code)
|
Registrant’s telephone number, including
area code: (212) 494-9005
N/A
(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
|
☐
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
|
☐
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
|
☐
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
|
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class
|
|
Trading Symbol(s)
|
|
Name of each exchange on which
registered
|
Common Stock
|
|
CLAQ
|
|
The Nasdaq Stock Market LLC
|
Warrants
|
|
CLAQW
|
|
The Nasdaq Stock Market LLC
|
Rights
|
|
CLAQR
|
|
The Nasdaq Stock Market LLC
|
Units
|
|
CLAQU
|
|
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 (17 CFR §230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR §240.12b-2).
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 8.01. Other Events.
As previously disclosed on a Current Report on
Form 8-K dated July 23, 2021 (the “Current Report”), on July 19, 2021, the Company consummated its initial public offering
(the “IPO”) of 15,000,000 units (the “Units”). Each Unit consists of one share of common stock, $0.0001 par value
(“Common Stock”), one right entitling the holder thereof to receive one-twentieth (1/20) of one share of Common Stock upon
the consummation of an initial business combination, and one-half of one warrant entitling the holder thereof to purchase one share of
Common Stock at a price of $11.50 per whole share. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds
of $150,000,000.
As previously disclosed in the Current Report,
simultaneously with the closing of the IPO, the Company consummated the private placement (the “Private Placement”) with initial
stockholders of the Company of 6,500,000 warrants (the “Private Warrants”), generating total proceeds of $6,500,000. The Company
granted the underwriters a 45-day option to purchase up to 2,250,000 additional Units to cover over-allotments, if any.
On July 26, 2021, the underwriters fully exercised
the over-allotment option and purchased an additional 2,250,000 Units (the “Over-Allotment Units”), generating gross proceeds
of $22,500,000 on June 28, 2021. Simultaneously with the sale of Over-Allotment Units, the Company consummated a private sale of an additional
675,000 Private Warrants at a purchase price of $10.00 per Private Warrant, generating gross proceeds of $675,000.
As of July 28, 2021, a total of $174,225,000 of
the net proceeds from the IPO and the Private Placement were deposited in a trust account established for the benefit of the Company’s
public stockholders.
An unaudited balance sheet as of July 28, 2021
reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement has been issued by the Company and is included
as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
SIGNATURES
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.
Dated: August 3, 2021
|
|
|
|
CLEANTECH ACQUISITION CORP.
|
|
|
|
By:
|
/s/ Eli Spiro
|
|
Name:
|
Eli Spiro
|
|
Title:
|
Chief Executive Officer
|
|
2
CleanTech Acquisition (NASDAQ:CLAQU)
Historical Stock Chart
From Jun 2024 to Jul 2024
CleanTech Acquisition (NASDAQ:CLAQU)
Historical Stock Chart
From Jul 2023 to Jul 2024