10-Q/A
Quarterly Report
CLIMATEROCK
CLRCR
NASDAQ
CIK: 1903392
File #: 001-41363
Balance Sheet
38 line items · 2 periods
XBRL
| Item | Sep 30, 2023 | Dec 31, 2022 |
|---|---|---|
Current assets | ||
Cash | 79,815 | 411,711 |
Prepaid expenses | 31,804 | 106,542 |
Total current assets | 111,619 | 518,253 |
Restatement of Previously Issued Financial Statements | 27,910,976 | 81,039,102 |
Previously Reported | 28,022,595 | 81,557,355 |
Adjustments | (27,910,976) | (81,039,102) |
Non-current assets | ||
Cash and cash equivalents held in trust account | 27,910,976 | 81,039,102 |
Total non-current assets | 27,910,976 | 81,039,102 |
Restatement of Previously Issued Financial Statements | 27,910,976 | 81,039,102 |
Adjustments | 27,910,976 | 81,039,102 |
TOTAL ASSETS | 28,022,595 | 81,557,355 |
Current liabilities | ||
Accrued liabilities | 1,135,224 | 1,005,720 |
Loan payable - related party | 1,045,892 | 480,000 |
Convertible promissory note payable - related party | 450,000 | — |
Total current liabilities | 2,631,116 | 1,485,720 |
Restatement of Previously Issued Financial Statements | 2,362,500 | 2,362,500 |
Previously Reported | 4,993,616 | 3,848,220 |
Adjustments | (2,362,500) | (2,362,500) |
Non-current liabilities | ||
Deferred underwriting commission payable | 2,362,500 | 2,362,500 |
Total non-current liabilities | 2,362,500 | 2,362,500 |
Restatement of Previously Issued Financial Statements | 2,362,500 | 2,362,500 |
Adjustments | 2,362,500 | 2,362,500 |
TOTAL LIABILITIES | 4,993,616 | 3,848,220 |
Class A ordinary shares, $0.0001 par value, subject to possible redemption. 2,577,138 and 7,875,000 shares at redemption value of $10.83 and $10.29 per share, including unrealized income in the trust account, at September 30, 2023 and December 31, 2022, respectively | 27,910,976 | 81,039,102 |
Total commitments and contingencies | 27,910,976 | 81,039,102 |
SHAREHOLDERS’ DEFICIT | ||
Class A | 209 | 12 |
Class B | — | 197 |
Accumulated deficit | (4,882,206) | (3,330,176) |
Total shareholders’ deficit | (4,881,997) | (3,329,967) |
Class A - Ordinary Shares | 209 | 12 |
Class B - Ordinary Shares | — | 197 |
Accumulated Deficit | (4,882,206) | (3,330,176) |
TOTAL LIABILITIES, COMMITMENTS AND CONTINGENCIES, AND SHAREHOLDERS’ DEFICIT | 28,022,595 | 81,557,355 |