ClimateRock FY 2025: Net loss $(1.19M), No revenue — 10-K Summary
ClimateRock reported a net loss of $1.19M for fiscal 2025 with no operating revenue, as the SPAC remains inactive pending a business combination. The company has extended its combination period to Nov. 2, 2026, and has executed a merger agreement with GreenRock. Trust funds are held in demand deposit accounts, generating interest and dividend income.
How this was made

The 30-second read
Why it matters
The FY2025 loss confirms the SPAC remains cash‑burning without revenue, likely prompting short‑term price declines while investors await a merger outcome.
Market read
Micro‑cap SPAC earnings with no revenue; limited broader market impact but relevant for SPAC‑focused traders.
What to watch
Potential future merger with GreenRock could unlock value despite current losses.
Background
ClimateRock is a blank‑check SPAC focused on climate‑tech acquisitions. It has extended its combination deadline to Nov 2 2026 and signed a merger agreement with GreenRock.
Market effects
Limited impact on broader renewable‑energy or SPAC sectors; reinforces caution on inactive SPACs.
No discernible regional effect.
Minimal global relevance.
Counterpoint
If the SPAC secures a high‑value climate‑tech target soon, the loss may be viewed as a temporary cost of positioning.
Key entities
- companyClimateRock
SPAC targeting climate‑tech acquisitions.
- companyGreenRock
Merger partner of ClimateRock.
