Black Ridge Acquisition, a blank check company formed by Black Ridge Oil & Gas targeting the energy industry, raised $120 million by offering 12 million units at $10. Each unit consists of one share of common stock, one right entitling the holder to one-tenth of one share and one warrant exercisable at $11.50. Black Ridge Acquisition plans to list on the Nasdaq under the symbol BRACU. EarlyBirdCapital acted as a lead manager on the deal.
