Business Context and Reporting Period
This Form 8-K is filed by CleanTech Acquisition Corp. (not Nauticus Robotics, Inc.) on August 12, 2022. The registrant is a Delaware corporation and an emerging growth company. The report details an extension of the deadline to complete its initial business combination.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, or cash flow data. The only specific financial figure disclosed is a deposit of $100,000 made to the trust account to facilitate the deadline extension.
Material Changes
- Extension of Business Combination Deadline: The company extended the time to complete its initial business combination from August 19, 2022, to September 19, 2022.
- Trust Account Deposit: A deposit of $100,000 was made to the trust account on August 12, 2022, to effectuate the extension.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or specific risk factors beyond the implicit risk of failing to complete a business combination by the new deadline. No unusual items or contingencies are disclosed in this report.
Investor Verification Checklist
- Verify the new deadline for the initial business combination is September 19, 2022.
- Confirm the $100,000 deposit was successfully credited to the trust account.
- Check for subsequent filings regarding the status of the business combination search.
- Note that the registrant is CleanTech Acquisition Corp., not Nauticus Robotics, Inc.