Renaissance Capital logo

Granite Ridge Resources (Executive Network Partnering Corp.) Priced, NYSE: GRNT

Blank check company formed by Paul Ryan, Solamere Capital, and Vivint Solar co-founder Alex Dunn (completed 10/24/2022).

Industry: SPAC

First Day Return: +0.8%

We are a newly organized company incorporated as a Delaware corporation for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar partnering transaction with one or more businesses. We may pursue a partnering transaction in any business or industry but expect to focus on a business where we believe our strong network, operational background, and aligned economic structure will provide us with a competitive advantage. Executive Network Partnering Corporation (“ENPC”) was formed as a partnership among Paul Ryan, our Chairman, who has served as the 54th Speaker of the U.S. House of Representatives, Solamere Capital, a private equity firm anchored by its network of leading business executives, including former chief executive officers of S&P 500 companies (the “Solamere Network”), and Alex Dunn, who has served in various senior operating roles at several businesses where he helped grow shareholder value, most recently as President of Vivint SmartHome (NYSE: VVNT).
IPO Data
IPO Date 09/15/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $360
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Boston, MA, United States
Founded 2020
Employees at IPO 1

Granite Ridge Resources (Executive Network Partnering Corp.) (GRNT) Performance

Created with Highcharts 10.3.2Chart context menuGRNT vs. IPO Index (IPOUSA)Oct '20Jan '21Apr '21Jul '21Oct '21Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '25-50%0%+ 50%-100%+ 100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index