cleantech Acquisition Corp.

General Information
Business:

We will seek to identify, through the experience and expertise of our management team and board of directors, a business that aims to contribute towards the mission of shifting the world away from carbon dependency and facilitating a greener future. We plan to target our search for businesses – for either an acquisition or a business combination – in these sectors: power, transportation, buildings and building construction, and industry.

Mr. Eli Spiro, a former Goldman Sachs investment banker, is our CEO and a member of our board of directors. He has over 23 years of capital markets experience. Mr. Spiro is currently the chief executive officer of Axxcess Capital Partners, a boutique investment banking firm he co-founded in 2010. At Axxcess, Mr. Spiro has closed over $1.5 billion of transactions since inception. He was involved in a number of transactions in the clean energy space, including his role as President of Axxcess Energy Group, investing in a business applying proprietary technology to reduce energy expenses. Mr. Spiro was also involved in the development of an organic, hydroponic greenhouse business producing leafy greens. He worked with clients on several multi-stage waste-to-energy projects that focus on transforming waste to energy to end products and services, as well as carbon credit mitigation and monetization. 

Mr. Jon Najarian is the chairman of our board. He is the co-founder of Market Rebellion and a paid contributor to CNBC. He previously co-founded TradeMonster, a securities and futures brokerage as well as education and subscription businesses. He went on to sell the brokerage portion of TradeMonster to E*TRADE Financial Corp. (NASDAQ: ETFC). Before TradeMonster, Mr. Najarian owned Mercury Trading, a market-making firm at the Chicago Board Options Exchange (CBOE), which he eventually sold to Citadel, one of the world’s largest hedge funds. He began his financial career on the CBOE floor. After college, he was a linebacker for the Chicago Bears.

(Note: CleanTech Acquisition priced its SPAC IPO in line with its recently downsized terms: 15 million units at $10 each to raise $150 million. The Cleantech SPAC’s IPO was cut to 15 million units from its initial size of 25 million units in an S-1/A filing dated June 24, 2021.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2020
Contact Information
Address 207 West 25th Street, 9th Floor New York, NY 10001
Phone Number (212) 494-9005
Web Address
View Prospectus: cleantech Acquisition Corp.
Financial Information
Market Cap $187.5mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol CLAQU
Exchange NASDAQ
Shares (millions): 15.0
Price range $10.00 - $10.00
Est. $ Volume $150.0 mil
Manager / Joint Managers Chardan
CO-Managers -
Expected To Trade: 7/15/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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