Silver Run Acquisition II Priced, Nasdaq: SRUNU

Blank check company formed by Riverstone to acquire an energy business.

Industry: SPAC

Latest Trade: $10.78 0.00 (0.0%)

First Day Return: +3.6%

Return from IPO: +7.8%

Industry: SPAC

We are a newly organized blank check company. We intend to capitalize on the ability of our management team and the broader Riverstone platform to identify and acquire a business that could benefit from a hands-on owner with extensive operational experience in the energy sector and that presents potential for an attractive risk-adjusted return profile under our stewardship. Even fundamentally sound companies can often under-perform their potential due to a temporary period of dislocation in the markets in which they operate, inefficient capital allocation, over-levered capital structures, excessive cost structures, incomplete management teams and/or inappropriate business strategies. Our management team has extensive experience in identifying and executing such full-potential acquisitions across the upstream, midstream, refining, power, services and renewable 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 help create value in the public markets.
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IPO News for Silver Run Acquisition II
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IPO Data
IPO File Date 03/02/2017
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 90.0
Deal Size ($mm) $900
IPO Data
IPO Date 03/23/2017
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 90.0
Deal Size ($mm) $900
Underwriters
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Company Data
Headquarters Houston, TX
Founded 2016
Employees
Website www.riverstonellc.com