Company: CLSO
Filing Date: 2025-09-23
Form Type: S-1
Source: 0001213900-25-090236
Chunk: 342

Company: Climate Transition Special Opportunities SPAC I
Filing Date: 2025-09-23
Form: S-1
Chunk 342
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 completion of the initial Business Combination, holders of the Class B ordinary shares and holders of the Class A ordinary shares will vote together as a single class, except as required by law. The Founder Shares will automatically convert into Class A ordinary shares immediately prior to, concurrently with or immediately following the consummation of a Business Combination, and may be converted at any time prior to the Business Combination, at the option of the holder, on a one -for-onebasis (unless otherwise provided in the business combination agreement), subject to adjustment for share subdivisions, share dividends, reorganizations, recapitalizations and the like, and subject to further adjustment as provided herein. In the case that additional Class A ordinary shares or equity -linkedsecurities are issued or deemed issued in excess of the amounts sold in the Proposed Offering and related to or in connection with the Business Combination, the number of Class A ordinary shares issuable upon conversion of all Founder Shares will equal, in the aggregate, on an as -convertedbasis, approximately 25% of the sum of (i) the total number of all ordinary shares outstanding upon the completion of the Proposed offering (including any Class A ordinary shares issued pursuant to the Underwriters’ over -allotmentoption and excluding the Class A ordinary shares underlying the Private Placement Warrants issued to the Sponsor and the Underwriters), plus (iii) all Class A ordinary shares and equity -linkedsecurities issued or deemed issued in connection with the initial Business Combination (excluding any shares or equity -linkedsecurities issued, or to be issued, to any seller in the initial Business Combination and any private placement -equivalentwarrants issued to the Sponsor or any of its affiliates or to the Company’s officers and directors upon conversion of working capital loans) minus (iii) any redemptions of Class A ordinary shares by public shareholders prior to or in connection with an initial Business Combination, provided that such conversion of Founder Shares will never occur on a less than one -for-onebasis. Warrants— No warrants are currently outstanding. Each whole Public Warrant entitles the registered holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing 30 days after the completion of the initial Business Combination. Pursuant to the warrant agreement, a warrant holder may exercise its Public Warrants only for a whole number of Class A ordinary shares. No F-17 CLIMATE TRANSITION SPECIAL OPPORTUNITIES SPAC I
NOTES TO FINANCIAL STATE