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Liberty Resources Acquisition Priced, Nasdaq: LIBY

Blank check company targeting the oil and gas sectors (pending: Caspi Oil Gas).

Industry: SPAC

Latest Trade: $11.09 0.00 (0.0%)

First Day Return: +0.9%

Return from IPO: +10.9%

Industry: SPAC

We are a newly-organized blank check company. While we may pursue an initial business combination opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business, focusing on the oil and gas sectors, where our management team has extensive experience. Our management team is led by Dato’ Maznah Binti Abdul Jalil, our Chairman of the Board and Chief Executive Officer, and Dato’ Khalid Ahmad, our Chief Financial Officer. We believe that acquiring a leading high-growth company or assets in the natural resources, oil, or gas industry will provide a platform to fund consolidation and fuel growth for our company. There is no restriction in the geographic location of targets we can pursue, although we intend to initially prioritize Central Asia as the geographical focus. Our aim is to become a mid-size independent operator targeting producing onshore assets with attractive fiscal regimes and offer a high dividend policy.
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IPO Data
IPO File Date 09/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EF Hutton
Tiger Brokers
Company Data
Headquarters Miami, FL, United States
Founded 2021
Employees 2

Liberty Resources Acquisition (LIBY) Performance