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Tortoise Acquisition Priced, NYSE: SHLL.U

Blank check company led by Vincent Cubbage and focused on the energy industry.

Industry: SPAC

Latest Trade: $10.10 +0.08 (+0.7%)

First Day Return: 0.0%

Return from IPO: +0.2%

Industry: SPAC

We are a newly organized blank check company incorporated as a Delaware corporation in November 2018 and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not selected any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. We intend to acquire and operate a business in the energy industry and believe our management team together with Tortoise, an affiliate of our sponsor, are well suited to identify opportunities that have the potential to generate attractive risk-adjusted returns for our stockholders, although we may pursue a business combination opportunity in any business or industry.
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IPO News for Tortoise Acquisition
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IPO Data
IPO File Date 02/06/2019
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/27/2019
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters New York, NY
Founded 2018
Employees 4
Website www.tortoisespac.com