This company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsClean Earth Acquisitions（CLIN）株式概要Clean Earth Acquisitions Corp. does not have significant operations. 詳細CLIN ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績1/6財務の健全性1/6配当金0/6報酬当社が推定した公正価値より90.7%で取引されている 今年は黒字化を達成 リスク分析収益が 100 万ドル未満 ( $0 )マイナスの株主資本 US市場と比較して、過去 3 か月間の株価の変動が非常に大きい財務結果に影響を与える大きな一時的項目 +3 さらなるリスクすべてのリスクチェックを見るCLIN Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$5.00該当なし内在価値ディスカウントEst. Revenue$PastFuture-861k4m2016201920222025202620282031Revenue US$1.0Earnings US$0AdvancedSet Fair ValueView all narrativesClean Earth Acquisitions Corp. 競合他社Edify AcquisitionSymbol: NasdaqCM:EACMarket cap: US$84.0mFrontier InvestmentSymbol: NasdaqCM:FICVMarket cap: US$82.8mAI Transportation AcquisitionSymbol: NasdaqCM:AITRMarket cap: US$86.2mValuence Merger ISymbol: OTCPK:VMCA.FMarket cap: US$95.8m価格と性能株価の高値、安値、推移の概要Clean Earth Acquisitions過去の株価現在の株価US$5.0052週高値US$11.3652週安値US$4.54ベータ01ヶ月の変化-52.96%3ヶ月変化-52.70%1年変化-50.30%3年間の変化n/a5年間の変化n/aIPOからの変化-49.19%最新ニュースお知らせ • Dec 26Clean Earth Acquisitions Corp.(NasdaqGM:CLIN) dropped from NASDAQ Composite IndexClean Earth Acquisitions Corp. has been dropped from NASDAQ Composite Index (^COMP) .Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$5.00, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 28x in the Capital Markets industry in the US. Total loss to shareholders of 50% over the past year.New Risk • Dec 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$83.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$4.7m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (15% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (US$83.2m market cap).New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 3.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$4.7m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (3.9% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment deteriorates as stock falls 35%After last week's 35% share price decline to US$6.88, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 27x in the Capital Markets industry in the US. Total loss to shareholders of 31% over the past year.お知らせ • Nov 15Clean Earth Acquisitions Corp., Annual General Meeting, Dec 04, 2023Clean Earth Acquisitions Corp., Annual General Meeting, Dec 04, 2023, at 10:00 US Eastern Standard Time. Agenda: To consider proposal to approve and adopt the Business Combination Agreement;to consider A proposal to amend and restate the Company's certificate of incorporation, dated February 23, 2022, as amended on May 26, 2023;and to consider Proposals to approve and adopt, on a non-binding advisory basis, certain governance provisions in the Proposed Charter, which are being presented separately in accordance with U.S. Securities and Exchange Commission (the SEC") guidance to give stockholders the opportunity to present their separate views on important corporate governance provisions, as five sub-proposals.最新情報をもっと見るRecent updatesお知らせ • Dec 26Clean Earth Acquisitions Corp.(NasdaqGM:CLIN) dropped from NASDAQ Composite IndexClean Earth Acquisitions Corp. has been dropped from NASDAQ Composite Index (^COMP) .Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$5.00, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 28x in the Capital Markets industry in the US. Total loss to shareholders of 50% over the past year.New Risk • Dec 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$83.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$4.7m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (15% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (US$83.2m market cap).New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 3.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$4.7m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (3.9% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment deteriorates as stock falls 35%After last week's 35% share price decline to US$6.88, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 27x in the Capital Markets industry in the US. Total loss to shareholders of 31% over the past year.お知らせ • Nov 15Clean Earth Acquisitions Corp., Annual General Meeting, Dec 04, 2023Clean Earth Acquisitions Corp., Annual General Meeting, Dec 04, 2023, at 10:00 US Eastern Standard Time. Agenda: To consider proposal to approve and adopt the Business Combination Agreement;to consider A proposal to amend and restate the Company's certificate of incorporation, dated February 23, 2022, as amended on May 26, 2023;and to consider Proposals to approve and adopt, on a non-binding advisory basis, certain governance provisions in the Proposed Charter, which are being presented separately in accordance with U.S. Securities and Exchange Commission (the SEC") guidance to give stockholders the opportunity to present their separate views on important corporate governance provisions, as five sub-proposals.New Risk • Aug 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 290% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$3.6m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Large one-off items impacting financial results.お知らせ • Aug 17Nasdaq Grants Extension to Clean Earth Acquisitions to Regain ComplianceAs previously disclosed, on June 13, 2023, Clean Earth Acquisitions Corp. (the Company") received a letter (the Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market (the Staff") notifying the Company that the $575,000.00 aggregate market value of the Company's outstanding public warrants, ticker symbol CLINW, as reported in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2023, was below the minimum aggregate market value of $1,000,000.00 required for continued listing on the Nasdaq Capital Market as set forth in Nasdaq Listing Rule 5452(b)(C) (the Rule"). Pursuant to Nasdaq rules, on July 28, 2023, the Company submitted a plan to the Staff to regain compliance with the Rule. On August 9, 2023, the Company received a notice from the Staff stating that it will grant the Company an extension to regain compliance with the Rule on or before December 11, 2023. While the Company continues to exercise diligent efforts to maintain the listing of its public warrants on Nasdaq, there can be no assurance that the Company will be able to regain compliance with the Rule on or before December 11, 2023. In the event that the Company fails to demonstrate compliance with the Rule during the extension period, the Staff will provide written notification to the Company that its public warrants will be delisted from the Nasdaq Capital Market (a Delisting Notice"). If the Company receives a Delisting Notice, the Company may appeal the Staff's determination to a Listing Qualifications Panel.お知らせ • Oct 13Alternus Energy Group plc (OB:ALT) entered into a business combination agreement to acquire Clean Earth Acquisitions Corp. (NasdaqGM:CLIN) from Clean Earth Acquisitions Sponsor LLC and others for approximately $890 million in a reverse merger transaction.Alternus Energy Group plc (OB:ALT) entered into a business combination agreement to acquire Clean Earth Acquisitions Corp. (NasdaqGM:CLIN) from Clean Earth Acquisitions Sponsor LLC and others for approximately $890 million in a reverse merger transaction on October 12, 2022. Under the agreement, at the closing, Alternus will transfer its equity ownership in substantially all its subsidiaries in exchange for up to 90 million newly issued shares in Clean Earth. Initially, Clean Earth will issue 55 million shares at closing (subject to a working capital adjustment capped at 1 million additional shares) plus up to 35 million shares subject to certain earn-out provisions, which will be deposited in escrow and will be released if certain EBITDA and share price targets are met. Alternus will own approximately 64% of Clean Earth at closing, assuming no redemptions by Clean Earth shareholders, in which case the combined company will have approximately $220 million of cash available at closing. The combined company is expected to have an initial equity value of approximately $863 million. On closing, Clean Earth intends to change its name to Alternus Clean Energy Inc. The combined company will be led by Vincent Browne, Chairman and Chief Executive Officer of Alternus, and the business will continue to operate as normal. The board of directors of combined company shall be comprised of seven directors at and immediately following the Closing, of which, three individuals shall be nominated by CLIN and four individuals shall be nominated by Alternus. Clean Earth and Alternus intend to arrange a committed capital on demand equity placement program of up $100 million, which can be called upon at the discretion of the combined company, and potentially other financing options ahead of completion of the business combination. Alternus shares will continue to trade on the Euronext Growth market in Oslo, while Clean Earth’s common stock is expected to continue to be listed on the Nasdaq Market. Alternus will be obligated to pay CLIN a termination fee of $2,000,000 if the Business Combination Agreement is terminated under certain circumstances. Closing is contingent on customary closing conditions for transactions of this nature, including Clean Earth shareholder approval; receipt of the HSR approval, if required; approval of a listing application on Nasdaq for newly issued shares; CLIN having at least $5,000,001 of net tangible assets remaining after giving effect to redemptions and a minimum of $25 million in cash being available at or before closing. Alternus may waive the minimum cash condition at its discretion. The Business Combination Agreement and the Transaction were approved by the board of directors of CLIN and the board of directors of Alternus. Clean Earth Acquisitions Sponsor LLC entered into a Sponsor Support Agreement, pursuant to which Sponsor has agreed to, among other things, vote all of its shares of common stock of CLIN in favor of the Transaction. The transaction is expected to close in the first quarter of 2023. JonesTrading Institutional Services acted as financial advisor to Clean Earth and supported Clean Earth in this Business Combination. Will Chuchawat of Proskauer Rose LLP acted as legal counsel to CLIN and Clean Earth Acquisitions Sponsor LLC. King & Spalding LLP acted as legal counsel to the financial advisor. Ross D. Carmel of Carmel, Milazzo & Feil LLP acted as legal counsel to Alternus in the transaction.株主還元CLINUS Capital MarketsUS 市場7D-16.8%-0.02%1.0%1Y-50.3%10.3%28.7%株主還元を見る業界別リターン: CLIN過去 1 年間で10.3 % の収益を上げたUS Capital Markets業界を下回りました。リターン対市場: CLINは、過去 1 年間で28.7 % のリターンを上げたUS市場を下回りました。価格変動Is CLIN's price volatile compared to industry and market?CLIN volatilityCLIN Average Weekly Movement17.1%Capital Markets Industry Average Movement3.6%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%安定した株価: CLINの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: CLINの 週次ボラティリティ は、過去 1 年間で9%から17%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト2021n/aAaron Ratnercleanearthacquisitions.comもっと見るClean Earth Acquisitions Corp. 基礎のまとめClean Earth Acquisitions の収益と売上を時価総額と比較するとどうか。CLIN 基礎統計学時価総額US$83.52m収益（TTM）US$4.16m売上高(TTM)n/a20.1xPER（株価収益率0.0xP/SレシオCLIN は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CLIN 損益計算書（TTM）収益US$0売上原価US$0売上総利益US$0その他の費用-US$4.16m収益US$4.16m直近の収益報告Sep 30, 2023次回決算日該当なし一株当たり利益（EPS）0.25グロス・マージン0.00%純利益率0.00%有利子負債／自己資本比率-36.5%CLIN の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/12/26 10:27終値2023/12/22 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Clean Earth Acquisitions Corp. これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Dec 26Clean Earth Acquisitions Corp.(NasdaqGM:CLIN) dropped from NASDAQ Composite IndexClean Earth Acquisitions Corp. has been dropped from NASDAQ Composite Index (^COMP) .
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$5.00, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 28x in the Capital Markets industry in the US. Total loss to shareholders of 50% over the past year.
New Risk • Dec 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$83.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$4.7m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (15% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (US$83.2m market cap).
New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 3.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$4.7m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (3.9% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment deteriorates as stock falls 35%After last week's 35% share price decline to US$6.88, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 27x in the Capital Markets industry in the US. Total loss to shareholders of 31% over the past year.
お知らせ • Nov 15Clean Earth Acquisitions Corp., Annual General Meeting, Dec 04, 2023Clean Earth Acquisitions Corp., Annual General Meeting, Dec 04, 2023, at 10:00 US Eastern Standard Time. Agenda: To consider proposal to approve and adopt the Business Combination Agreement;to consider A proposal to amend and restate the Company's certificate of incorporation, dated February 23, 2022, as amended on May 26, 2023;and to consider Proposals to approve and adopt, on a non-binding advisory basis, certain governance provisions in the Proposed Charter, which are being presented separately in accordance with U.S. Securities and Exchange Commission (the SEC") guidance to give stockholders the opportunity to present their separate views on important corporate governance provisions, as five sub-proposals.
お知らせ • Dec 26Clean Earth Acquisitions Corp.(NasdaqGM:CLIN) dropped from NASDAQ Composite IndexClean Earth Acquisitions Corp. has been dropped from NASDAQ Composite Index (^COMP) .
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$5.00, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 28x in the Capital Markets industry in the US. Total loss to shareholders of 50% over the past year.
New Risk • Dec 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$83.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$4.7m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (15% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (US$83.2m market cap).
New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 3.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$4.7m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (3.9% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment deteriorates as stock falls 35%After last week's 35% share price decline to US$6.88, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 27x in the Capital Markets industry in the US. Total loss to shareholders of 31% over the past year.
お知らせ • Nov 15Clean Earth Acquisitions Corp., Annual General Meeting, Dec 04, 2023Clean Earth Acquisitions Corp., Annual General Meeting, Dec 04, 2023, at 10:00 US Eastern Standard Time. Agenda: To consider proposal to approve and adopt the Business Combination Agreement;to consider A proposal to amend and restate the Company's certificate of incorporation, dated February 23, 2022, as amended on May 26, 2023;and to consider Proposals to approve and adopt, on a non-binding advisory basis, certain governance provisions in the Proposed Charter, which are being presented separately in accordance with U.S. Securities and Exchange Commission (the SEC") guidance to give stockholders the opportunity to present their separate views on important corporate governance provisions, as five sub-proposals.
New Risk • Aug 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 290% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$3.6m). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Large one-off items impacting financial results.
お知らせ • Aug 17Nasdaq Grants Extension to Clean Earth Acquisitions to Regain ComplianceAs previously disclosed, on June 13, 2023, Clean Earth Acquisitions Corp. (the Company") received a letter (the Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market (the Staff") notifying the Company that the $575,000.00 aggregate market value of the Company's outstanding public warrants, ticker symbol CLINW, as reported in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2023, was below the minimum aggregate market value of $1,000,000.00 required for continued listing on the Nasdaq Capital Market as set forth in Nasdaq Listing Rule 5452(b)(C) (the Rule"). Pursuant to Nasdaq rules, on July 28, 2023, the Company submitted a plan to the Staff to regain compliance with the Rule. On August 9, 2023, the Company received a notice from the Staff stating that it will grant the Company an extension to regain compliance with the Rule on or before December 11, 2023. While the Company continues to exercise diligent efforts to maintain the listing of its public warrants on Nasdaq, there can be no assurance that the Company will be able to regain compliance with the Rule on or before December 11, 2023. In the event that the Company fails to demonstrate compliance with the Rule during the extension period, the Staff will provide written notification to the Company that its public warrants will be delisted from the Nasdaq Capital Market (a Delisting Notice"). If the Company receives a Delisting Notice, the Company may appeal the Staff's determination to a Listing Qualifications Panel.
お知らせ • Oct 13Alternus Energy Group plc (OB:ALT) entered into a business combination agreement to acquire Clean Earth Acquisitions Corp. (NasdaqGM:CLIN) from Clean Earth Acquisitions Sponsor LLC and others for approximately $890 million in a reverse merger transaction.Alternus Energy Group plc (OB:ALT) entered into a business combination agreement to acquire Clean Earth Acquisitions Corp. (NasdaqGM:CLIN) from Clean Earth Acquisitions Sponsor LLC and others for approximately $890 million in a reverse merger transaction on October 12, 2022. Under the agreement, at the closing, Alternus will transfer its equity ownership in substantially all its subsidiaries in exchange for up to 90 million newly issued shares in Clean Earth. Initially, Clean Earth will issue 55 million shares at closing (subject to a working capital adjustment capped at 1 million additional shares) plus up to 35 million shares subject to certain earn-out provisions, which will be deposited in escrow and will be released if certain EBITDA and share price targets are met. Alternus will own approximately 64% of Clean Earth at closing, assuming no redemptions by Clean Earth shareholders, in which case the combined company will have approximately $220 million of cash available at closing. The combined company is expected to have an initial equity value of approximately $863 million. On closing, Clean Earth intends to change its name to Alternus Clean Energy Inc. The combined company will be led by Vincent Browne, Chairman and Chief Executive Officer of Alternus, and the business will continue to operate as normal. The board of directors of combined company shall be comprised of seven directors at and immediately following the Closing, of which, three individuals shall be nominated by CLIN and four individuals shall be nominated by Alternus. Clean Earth and Alternus intend to arrange a committed capital on demand equity placement program of up $100 million, which can be called upon at the discretion of the combined company, and potentially other financing options ahead of completion of the business combination. Alternus shares will continue to trade on the Euronext Growth market in Oslo, while Clean Earth’s common stock is expected to continue to be listed on the Nasdaq Market. Alternus will be obligated to pay CLIN a termination fee of $2,000,000 if the Business Combination Agreement is terminated under certain circumstances. Closing is contingent on customary closing conditions for transactions of this nature, including Clean Earth shareholder approval; receipt of the HSR approval, if required; approval of a listing application on Nasdaq for newly issued shares; CLIN having at least $5,000,001 of net tangible assets remaining after giving effect to redemptions and a minimum of $25 million in cash being available at or before closing. Alternus may waive the minimum cash condition at its discretion. The Business Combination Agreement and the Transaction were approved by the board of directors of CLIN and the board of directors of Alternus. Clean Earth Acquisitions Sponsor LLC entered into a Sponsor Support Agreement, pursuant to which Sponsor has agreed to, among other things, vote all of its shares of common stock of CLIN in favor of the Transaction. The transaction is expected to close in the first quarter of 2023. JonesTrading Institutional Services acted as financial advisor to Clean Earth and supported Clean Earth in this Business Combination. Will Chuchawat of Proskauer Rose LLP acted as legal counsel to CLIN and Clean Earth Acquisitions Sponsor LLC. King & Spalding LLP acted as legal counsel to the financial advisor. Ross D. Carmel of Carmel, Milazzo & Feil LLP acted as legal counsel to Alternus in the transaction.
