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Pogo Resources (HNR Acquisition) Priced, NYSE American: HNRA

Blank check company formed by Houston Natural Resources targeting the North American energy sector (completed 11/15/2023).

Industry: SPAC

Latest Trade: $2.58 0.00 (0.0%)

First Day Return: +0.1%

Return from IPO: -74.2%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an acquisition opportunity in any industry or sector, we intend to focus on assets used in exploring, developing, producing, transporting, storing, gathering, processing, fractionating, refining, distributing or marketing of natural gas, natural gas liquids, crude oil or refined products in North America. We intend to identify and acquire a business that could benefit from a hands-on owner with extensive operational experience in the energy sector in North America and that presents potential for an attractive risk-adjusted return profile under our stewardship. Our management team has extensive experience in identifying and executing such potential acquisitions across the upstream and midstream energy sectors. In addition, our team has significant hands-on experience working with private companies in preparing for and executing an initial public offering and serving as active owners and directors by working closely with these companies to continue their transformations and to create value in the public markets. We will seek to capitalize on the extensive experience of each of the members of our management team who have more than 40 years average experience in the energy industry.
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IPO Data
IPO File Date 01/29/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/10/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EF Hutton
Company Data
Headquarters Houston, TX, United States
Founded 2020
Employees 2
Website houstonnaturalresources.com

Pogo Resources (HNR Acquisition) (HNRA) Performance