Permian Resources Corp

Permian Resources Corp, trading under the ticker SRAQ, is a blank-check company that filed an 8-K current report with the SEC on October 7, 2016, reflecting activity during what appears to be its active SPAC lifecycle. The vehicle was formed to pursue an acquisition target in the energy sector, with its name signaling a focus on oil and gas opportunities in the prolific Permian Basin region of West Texas and New Mexico. The 2016 vintage places SRAQ within a period of heightened SPAC activity tied to energy market dislocations following the 2014-2015 commodity downturn. For complete filing history, deal timelines, and sponsor data on SRAQ and hundreds of other SPACs, sign up for full access at SpacDesk.