Silver Run Acquisition Corp II (SRUNU) to Raise $550 Million in IPO

Silver Run Acquisition Corp II (SRUNU) is planning to raise $550 million in an initial public offering (IPO) on Friday, March 24th. The company plans to issue 55,000,000 shares at a price of $10.00 per share.

Silver Run Acquisition Corp II has a market-cap of $687.5 million.

Citigroup served as the underwriter for the IPO and Credit Suisse, Deutsche Bank Securities and Goldman, Sachs were co-managers.

Silver Run Acquisition Corp II provided the following description of their company for its IPO: “Silver Run Acquisition Corporation II is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not identified any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We intend to focus our search for a target business in the energy industry. “.

Silver Run Acquisition Corp II was founded in 2016 and has 0 employees. The company is located at 1000 Louisiana Street, Suite 1450, Houston, TX 77002, US and can be reached via phone at (713) 357-1400.

Receive News & Ratings for Silver Run Acquisition Corp II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Run Acquisition Corp II and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply