Another energy-focused blank-check co. goes public

National Energy Services Reunited Corp. (Nasdaq: NESRU) is the latest special purpose acquisition company — also called a SPAC or a blank-check company — that’s raised millions to target a deal with an energy-related company.

The SPAC priced its initial public offering of 21 million units at $10 each on May 12, the same day units were listed on the Nasdaq Capital Market under the symbol “NESRU,” according to a press release. Underwriters have a 45-day option to purchase up to 3.15 million…

Another energy-focused blank-check co. goes public syndicated post


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s