Osprey Energy Acquisition, a blank check company formed by former Atlas Energy executives to acquire an energy business, raised $250 million by offering 25 million units at $10. Each unit consts of one share of common stock and one-half of one warrant exercisable at $11.50.
The company is led by Executive Chairman Edward Cohen and CEO Jonathan Cohen.
Osprey Energy Acquisition plans to list on the Nasdaq under the symbol OSPRU. Credit Suisse acted as a lead manager on the deal.
