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Stock impact report

ClimateRock and GreenRock Announce Filing of a Registration Statement in Connection with Proposed Business Combination

ClimateRock - Unit (CLRCU) 
Company Research Source: GlobeNewswire
~ Transaction consideration to be paid to the shareholders of GreenRock Corp (“GreenRock”) will be up to $446 million of which $166 million is contingent upon the satisfaction of certain performance-linked targets for 2024 ~ ~ GreenRock is an independent energy producer, focusing on integrating multiple renewable power and battery storage solutions with green hydrogen production ~ ~ Diversified income stream balances long-term, contracted income and development returns ~ ~ Per Regnarsson, CEO of ClimateRock and GreenRock, will continue to lead the combined company ~ ~ Charles Ratelband, Executive Director and Founder of GreenRock and the Executive Chairman of ClimateRock, will retain a role as a member of the Executive Board and continue the vision of growth and energy sustainability ~ ~ Certain members of ClimateRock’s management will join the combined company’s Board and Management ~ LONDON, Jan. 29, 2024 (GLOBE NEWSWIRE) -- ClimateRock (Nasdaq: CLRC) Show less Read more
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