KLREU News

No operating companies went public this past week, but four new health care IPOs were added to the calendar. Another blank check for oil & gas Originally targeting a $130 million IPO in late February, blank check company KLR Energy Acquisition (KLREU) raised $80 million in a further downsized offering. Led by the former CEO of EPL Oil...read more

KLR Energy Acquisition, a blank check company led by the former CEO of EPL Oil and & Gas and formed to acquire a US E&P, raised $80 million by offering 8 million shares at $10. KLR Energy Acquisition plans to list on the Nasdaq under the symbol KLREU. EarlyBird Capital, Inc. acted as a lead manager on the deal....read more

No deals are on the calendar for the week ahead. KLR Energy Acquisition (KLREU), a blank check company led by the former CEO of EPL Oil & Gas, will attempt to raise $100 million in the week ahead. The SPAC had been scheduled for a $130 million offering in the prior week. Market conditions improve, again The S&P 500 has climbed...read more

KLR Energy Acquisition, a blank check company led by the former CEO of EPL Oil and & Gas to acquire a US E&P, lowered the proposed deal size for its upcoming IPO on Wednesday. The Houston, TX-based company now plans to raise $100 million by offering 10 million shares at a price of $10, down from 13 million shares previously.  KLR Energy Acquisition was founded...read more