Item 8.01 Other Events.
On January 29, 2021, Climate Real Impact Solutions II Acquisition Corporation
(the "Company") completed (i) its initial public offering (the "IPO") of
24,150,000 units (the "Units"), including 3,150,000 Units sold pursuant to the
full exercise of the underwriters' option to purchase additional Units to cover
overallotments, at an offering price of $10.00 per Unit and (ii) a private
placement of 4,553,333 warrants with Climate Real Impact Solutions II Sponsor,
LLC (the "Sponsor") at a price of $1.50 per warrant (the "Private Placement").
The net proceeds from the IPO, together with certain of the proceeds from the
Private Placement, totaling $241,500,000 in the aggregate (the "Trust Account
Proceeds"), were placed in a trust account with Continental Stock Transfer &
Trust Company established for the benefit of the Company's public stockholders
and the underwriters of the IPO. Except for the withdrawal of interest earned on
the Offering Proceeds in the trust account to fund the Company's franchise and
income taxes, or upon the redemption by public stockholders of Class A common
stock in connection with certain amendments to the Company's amended and
restated certificate of incorporation, none of the funds held in the trust
account will be released until the completion of the Company's initial business
combination or the redemption by the Company of 100% of the outstanding shares
of Class A common stock issued by the Company in the IPO if the Company does not
consummate an initial business combination within 24 months after the closing of
the IPO.
An audited balance sheet as of January 29, 2021 reflecting receipt of the
Offering Proceeds has been issued by the Company and is included as Exhibit 99.1
to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
99.1 Audited Balance Sheet, as of January 29, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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