Clean Earth Acquisition registered to offer 20 million units at $10 each to raise capital for a business combination with a company engaged in the global energy transition ecosystem.
Each unit consists of one share and one-half of a warrant.
CEO Aaron Ratner since July 2020 has been president of Cross River Infrastructure Partners, a platform of development companies deploying climate technology into sustainable infrastructure projects across carbon capture, clean fuels, clean energy and sustainable alternative protein.
Citigroup is sole book-runner for the offering. The underwriters may choose to purchase up to an additional 3 million units to cover any over-allotments.
The SPAC intends to apply for a listing on the Nasdaq, under CLINU. Read more.
