CleanTech Acquisition raised $150 million by issuing 15 million units at $10 by targeting the CleanTech and ClimateTech sectors. One share of common stock, one right to obtain one-twentieth of a share upon completion of an initial business combination, and one-half of a warrant, exercisable at $11.50, are included in each unit.

CleanTech Acquisition intends to list on the New York Stock Exchange under the ticker name CLAQU. Chardan Capital Markets acted as the deal’s sole book runner.

Company Profile

Eli Spiro is the CEO and Director of the company who is the co-founder and CEO of boutique investment banking firm Axxcess Capital Partners, and Chairman Jon Najarian who is the co-founder of individual investing education platform Market Rebellion, both leads the company.

It is an internet platform that connects businesses with potential customers, strategic partners, and investors. The company provides i3, an online platform that allows businesses to build and manage their pipelines, market their technology interests to start-ups around the world, and gain insight into various industries, as well as advisory services related to product and service design for CleanTech businesses.

(Source: NASDAQ.com)

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