Climate Real Impact Solutions II Acquisition Corporation announced that it has entered into a warrants purchase agreement with Climate Real Impact Solutions II Sponsor for a private placement of 4,133,333 private placement warrants at a price of $1.00 per warrant on January 8, 2021. Each warrant is exercisable to purchase one share of Class A Common Stock at $11.50. The company will issue up to 4,553,333 warrants if the over-allotment option is exercised in full. The warrants will be exercisable only during the period commencing on the later of: (i) the date that is 30 days after the first date on which the company completes a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, involving the Company and one or more businesses or (ii) the date that is 12 months from the date of the closing of the public offering.