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HIGHPEAK ENERGY INC

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Pure Acquisition Corp. (Nasdaq: PACQ), sponsored by HighPeak Pure Acquisition, LLC, was a blank-check company focused on the energy sector that completed its initial public offering in 2018. The SPAC announced a business combination with HighPeak Energy, Inc. in November 2019, targeting a Midland Basin-focused upstream oil and gas exploration and production company with acreage in the Permian Basin of West Texas. The transaction closed in 2020, and the combined company continued operations as HighPeak Energy, Inc. The deal is now closed, representing one of several energy-sector SPAC transactions completed during that period. Sign up at SpacDesk for full data on PACQ, HighPeak Energy, and hundreds of other SPAC transactions across all sectors.

Announced
2019-11-27
Closed
2020-08-24
PIPE Raised
$100–250M
Industry
Energy / Oil & Gas

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
PACQPure Acquisition Corp.Closed2019-11-272020-08-24$414.0M$150.0MHighPeak Pure Acquisition, LLC