ClimateRock — Cyborg Score 3/10

Strategic Profile

Founded in December 2021 by Charles Ratelband V. and headquartered in London, ClimateRock targets sustainable energy and clean technology acquisitions in OECD countries. The company terminated its proposed business combination agreement with E.E.W. Eco Energy World PLC in November 2023, and subsequently sought a shareholder extension to November 2, 2025 to consummate an alternative business combination (announced April 29, 2025).

Cyborg Score Rationale

ClimateRock remains a non-operational SPAC without revenue, trading on OTC markets at significantly depressed valuations with minimal trading volume. Failed initial acquisition target and extended timeline indicate execution challenges typical of distressed blank-check companies.

Top Insights

• Non-operational shell company with no revenue generation; value entirely dependent on successful acquisition
• Terminated 2023 EEW deal signals acquisition risk and management execution challenges
• Extended deadline to November 2025 reflects difficulty identifying suitable climate tech acquisition targets
• OTC market listing and low trading volume indicate limited institutional interest and liquidity constraints

Named Competitors

• Brookfield Clean Energy Partners — Renewable energy infrastructure and clean energy platforms
• NextEra Energy — Utility-scale renewable energy and clean energy generation
• Ørsted — Global renewable energy and offshore wind developer

Recent Developments

• (April 2025) Sponsor agreed to revised monthly contribution of $0.04 per share to extend business combination timeline to November 2, 2025
• (May 2024) Appointed Dariusz Sliwinski as independent board member and Audit Committee Chair
• (November 2023) Terminated proposed business combination agreement with E.E.W. Eco Energy World PLC

Open the full interactive ClimateRock report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.