HL Acquisitions , a blank check company focused on acquiring a business in the hydrocarbon logistics and processing industry, announced terms for its IPO on Friday.
The New York, NY-based company plans to raise $43 million by offering 4.3 million shares at a price of $10.
HL Acquisitions was founded in 2018 and it plans to list on the Nasdaq under the symbol HCCHU. EarlyBirdCapital is the sole bookrunner on the deal.