CleanTech Acquisition in an 8-K filing this afternoon said shareholders approved extending the SPAC’s merger deadline from today until Jan. 19, 2023.
The SPAC said it also deposited into trust $100,000 of a loan up to $450,000 from its sponsors.
The filing did not mention redemptions, if any, in connection with the extension vote.
CleanTech raised nearly $173 million in a July 2021 IPO.
The SPAC in June filed a prospectus and preliminary proxy on its proposed merger with Texas-based Nauticus Robotics. As announced last December, estimated cash proceeds on the deal are expected to be $247.2 million.
Nauticus Robotics is a Houston-based developer of cloud-based surface and subsea robots and software. Read more.
