Renaissance Capital logo

Sentinel Energy Services Priced, Nasdaq: STNLU

Blank check company created by former Schlumberger executives to acquire an energy business (liquidated).

Industry: SPAC

First Day Return: +0.5%

Industry: SPAC

We are a newly incorporated blank check company formed as a Cayman Islands exempted company and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization of similar business combination with one or more businesses. CSL is an energy-focused PE fund that invests in energy services companies and entrepreneurs with a focus on oilfield services. We intend to capitalize on the ability of our Chairman Andrew Gould and our CEO Krishna Shivram and other members of our management team and the broader CSL platform to identify,acquire and operate a business in the energy services and equipment industry that may provide opportunities for attractive risk adjusted returns and specifically to focus on opportunities in the oil and gas services industry where our CEO's network and experience are suited. We intend to identify and acquire a business that could benefit from a hands-on owner with extensive operational experience in the oil and gas services industry and that presents potential for an attractive risk-adjusted return profile under our stewardship. 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.
more less
IPO Data
IPO File Date 09/22/2017
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/02/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $300
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Houston, TX, United States
Founded 2017
Employees at IPO 3
Website www.cslenergy.com

Sentinel Energy Services (STNLU) Performance