Welcome to our dedicated page for Clean Energy news (Ticker: SWSSW), a resource for investors and traders seeking the latest updates and insights on Clean Energy stock.
Clean Energy Special Situations Corp. (SWSSW) specializes in strategic renewable energy investments and special situation opportunities. This news hub provides investors with essential updates on the company's financial developments, operational strategies, and market positioning within the clean energy sector.
Access consolidated updates including earnings reports, regulatory filings, and partnership announcements. Track strategic investments in renewable infrastructure and special situation transactions that demonstrate the company's unique approach to value creation in evolving energy markets.
Key updates cover capital deployment decisions, compliance milestones, and advisory service expansions. All content is curated to help stakeholders monitor the company's progress in identifying undervalued assets and navigating complex energy transition scenarios.
Bookmark this page for streamlined access to SWSSW's latest developments. Check regularly for authoritative updates on clean energy investments and special situation strategies that shape the company's market trajectory.
Clean Energy Special Situations Corp. (SWSS), a publicly traded SPAC, announced a non-binding letter of intent for a business combination with a leading B2B iGaming technology platform company. The target company provides technology solutions for global iGaming operators, including sportsbook, casino games, poker, lottery, and fantasy offerings. In 2023, the target recorded unaudited revenues exceeding 70 million euros and is anticipating significant growth in 2024 and 2025. The target's equity holders will roll 100% of their equity into the combined public company. The definitive merger agreement is expected by early Q3 2024, subject to due diligence, negotiation, and approval by both companies' boards and stockholders. Completion of the transaction is not guaranteed.
Clean Energy Special Situations Corp. announced on May 29, 2024, that it received a notification from Nasdaq regarding the suspension of its securities' trading. The company failed to file its Form 10-Q for Q1 2024 by March 31, 2024, adding to previous delinquencies, including non-payment of fees and failure to file its Annual Report for 2023. The company has a hearing scheduled on June 11, 2024, to appeal Nasdaq's decision. However, there are no assurances that the appeal will be successful or that the company will meet compliance within any extension period if granted.
Clean Energy Special Situations Corp. received a notice from Nasdaq regarding the suspension of trading of securities due to non-compliance with listing standards and failure to file the 2023 Form 10-K. The Company plans to appeal the decision before a Nasdaq Hearings Panel to prevent delisting.
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