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PR News

US IPO Weekly Recap: One SPAC wraps up a slow February

SRAQU

In a dead-end market, look for a turnaround in the cul-de-...read more

Cracks in the market bring SPACs to the market: Fun facts about SPACs

Permian Resources (Centennial; Silver Run Acq.) logo

Blank check company Silver Run Acquisition (SRAQU) made headlines in the IPO market - partly because little else could - as it completed the year's largest "IPO" in an upsized $450 million offering. That's 13% more capital raised than the combined total...read more

Big blank check for oil: Silver Run Acquisition prices upsized $450 million IPO

Permian Resources (Centennial; Silver Run Acq.) logo

Silver Run Acquisition, a blank check company formed by Mark Papa and Riverstone to acquire an energy business, raised $450 million by offering 45 million units at $10 each. It had originally planned to raise offer 40 million units and raise $400 million. At ...read more