Climate Real Impact Solutions, First Climate-Focused Special-Purpose Acquisition Company, Announces Closing of Its Public Offering

NEW YORK--(BUSINESS WIRE)--Climate Change Crisis Real Impact I Acquisition Corporation, NYSE: CLII.U, dba Climate Real Impact Solutions (CRIS) announced today the closing of its initial public offering of 23,000,000 units at a price of $10.00 per unit including 3,000,000 sold to the underwriters pursuant to the full exercise of their over-allotment option. CRIS is a special-purpose acquisition company (SPAC) created to combat the climate crisis by completing a business combination with a scalable company in the climate sector, and it launches with a team of founders and directors who collectively boast decades of leadership and operating experience in the utility, renewable energy, private equity and finance industries. The SPAC is co-sponsored by private funds affiliated with Pacific Investment Management Company LLC (PIMCO), which has nearly $150 billion in sustainability investments across its portfolios.