Climate Change Crisis Real Impact I Acquisition Corporation announced the pricing of its $200 million IPO this evening and the units are expected to begin trading on the NYSE under the symbol “CLII.U” tomorrow, Wednesday, September 30.
The company aims to combine with a target whose growth will reduce carbon emissions such as renewable energy, grid technology or electric vehicles (EV). Climate Change I is led by CEO and Director David W. Crane, CFO John A. Cavalier, CCO Elizabeth Comstock, COO Anne Frank-Shapiro, and Chairperson Mary Powell.
Total SPAC deal count for 2020 year-to-date is now 114 with $43.3 billion in gross proceeds raised. This offering is expected to close on Friday, October 2.
Citigroup, BofA Securities and Barclays are acting as joint book-running managers. Ropes & Gray LLP serves as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC, serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
TLGY (OTC:TLGYF) has entered into a definitive agreement to combine with crypto treasury firm StablecoinX at a pro forma $393.6 million equity value. StablecoinX aims to build a sizeable holding of the stablecoin Ethena to gain appreciation on its potential broadening adoption and growth. The combined company is expected to trade on the Nasdaq under...
Dynamix (NASDAQ:DYNX) has signed a definitive agreement to combine with crypto treasury firm The Ether Machine in a deal that is expected to deliver about $1.7 billion in gross proceeds. The Ether Machine aims to use proceeds from the business combination to buy the largest listed position in Ethereum and make continued transactions based on...
Cantor Equity Partners IV Inc. (NASDAQ:CEPF) has filed for a $400 million SPAC to extend the team’s already extraordinary 2025 run. Like the other SPACs in this series, Cantor Equity IV will sell only shares in its offering and its trust will not be overfunded. Ordinarily, this would leave little for SPAC investors to be...
At the SPAC of Dawn The pace of SPAC votes is picking up with three extension votes scheduled for this week while both WinVest (OTC:WINV) and Inception Growth (OTC:IGTA) are each hoping to secure shareholder approval for their business combinations on Friday. If both successfully close, they would help the ongoing process to close the...
Terms Tracker for the Week Ending July 18, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Three more SPACs priced this week, bringing July’s IPO total to 11 with two more weeks in the month still to go. With that pace,...