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Pyrophyte Acquisition Priced, NYSE: PHYTF

Blank check company targeting the energy transition ecosystem (pending: Sio Silica).

Industry: SPAC

Latest Trade: $11.42 0.00 (0.0%)

First Day Return: +0.9%

Return from IPO: +14.2%

Industry: SPAC

Pyrophyte Acquisition Corp. is a blank check company. Although we may pursue an acquisition opportunity in any business or industry, our primary focus is to target companies that serve the growing segments in the energy transition ecosystem. Specifically, we seek to focus on differentiated targets that provide products, services, equipment, and technologies that support a variety of energy transition solutions. These include, but are not limited to renewable power generation, energy storage, the electrical grid, zero-emission transportation, renewable fuels, carbon capture, utilization and storage, and zero/low-carbon industrial applications. We believe that market leaders within these critical, high-growth segments can deliver superior long-term returns to equity investors. Our leadership team, as set forth below, possesses all of the components necessary for success in the energy transition sector. These skills include, but are not limited to: public company expertise in the realms of leadership, operations, capital formation and strategy; renewable energy innovation and investment; proven acquisition sourcing and execution capabilities; and extensive networks of industry connections across the globe cultivated through decades of market and climate leadership.
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IPO Data
IPO File Date 10/05/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/26/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
UBS Investment Bank
Company Data
Headquarters Houston, TX, United States
Founded 2021
Employees at IPO 2

Pyrophyte Acquisition (PHYTF) Performance