ETSS-UN SEC Filings

Energy Transition Special Opportunities is a Cayman Islands blank check company conducting an initial public offering of 15,000,000 units at $10.00 per unit for an aggregate public offering of $150,000,000. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant; whole warrants exercise at $11.50 per share, become exercisable 30 days after consummation of the initial business combination and expire five years thereafter, subject to adjustment. Approximately $150,750,000 (or up to $173,362,500 if overallotment exercised) will be placed in a U.S.-based trust account. The sponsor received founder shares (currently 5,675,000 founder shares after transfers) and agreed to purchase 3,500,000 private placement warrants; underwriters committed to purchase additional private placement warrants. Public shareholders will have redemption rights in connection with a business combination. The company has until 18 months (or 24 months if a business combination agreement is executed within 18 months) to complete a business combination, subject to possible shareholder-approved extensions.