- SPACs
- Silver Run Acquisition Corp
Silver Run Acquisition Corp
Completed 2016-10-11- CIK 1658566
- SRAQ
- Now PR
- IPO 2016-02-25
- $501M trust
- 984 filings
Successfully merged with Centennial Resource Production, LLC • Now trading as PR
- IPO Size
- $500M
- raised at the IPO
- Trust
- $501M
- as of 2016-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2016
- year it listed
Filings, by quarter
984 filings over 44 quarters; violet bars carry a milestone
- 15 Q4: 4 filings
- 16 Q1: 24 filings
- 16 Q2: 5 filings
- 16 Q3: 30 filings
- 16 Q4: 56 filings
- 17 Q1: 35 filings
- 17 Q2: 31 filings
- 17 Q3: 12 filings
- 17 Q4: 21 filings
- 18 Q1: 27 filings
- 18 Q2: 8 filings
- 18 Q3: 15 filings
- 18 Q4: 3 filings
- 19 Q1: 30 filings
- 19 Q2: 5 filings
- 19 Q3: 11 filings
- 19 Q4: 13 filings
- 20 Q1: 35 filings
- 20 Q2: 30 filings
- 20 Q3: 21 filings
- 20 Q4: 3 filings
- 21 Q1: 33 filings
- 21 Q2: 4 filings
- 21 Q3: 25 filings
- 21 Q4: 9 filings
- 22 Q1: 25 filings
- 22 Q2: 26 filings
- 22 Q3: 62 filings
- 22 Q4: 8 filings
- 23 Q1: 30 filings
- 23 Q2: 18 filings
- 23 Q3: 47 filings
- 23 Q4: 40 filings
- 24 Q1: 36 filings
- 24 Q2: 35 filings
- 24 Q3: 18 filings
- 24 Q4: 8 filings
- 25 Q1: 15 filings
- 25 Q2: 14 filings
- 25 Q3: 17 filings
- 25 Q4: 4 filings
- 26 Q1: 61 filings
- 26 Q2: 17 filings
- 26 Q3: 13 filings
- S-1 filed 15 Q4
- IPO 16 Q1
- Definitive agreement 16 Q3
- Completed 16 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2015-11-17 Filed S1
- IPO2016-02-25 IPO, search begins
- Definitive Agreement2016-07-29 Agreement for merger
- Completed2016-10-11 Merger Completed
About
Silver Run Acquisition Corp. is a blank-check company formed to identify and acquire a business in the energy industry, using its management team's and Riverstone's expertise to pursue attractive risk-adjusted returns.
Investment Focus
Energy, Oil & Gas, Renewable Energy
Key Information
As the filings state it
- IPO Date
- 2016-02-25
- PIPE
- $1.0B
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2016-10-11
- Merger Target
- Centennial Resource Production, LLC
- SPAC Ticker
- SRAQ
- Merged Ticker
- PR
Stock Performance
PRTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2016-04-15 | $10.00 | |
| At Merger | 2016-10-12 | $16.40 | +64% |
| 6 Months Post-Merger | 2017-04-13 | $19.79 | +21% |
| 1 Year Post-Merger | 2017-10-12 | $18.80 | +15% |
| 2 Years Post-Merger | 2018-10-12 | $20.92 | +28% |
| Current Price | 2026-10-16 | $24.59 | +146% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by Mark Papa, a veteran oil-and-gas executive and former EOG Resources CEO, with executives and directors experienced in energy investing, operations, finance, M&A, legal matters and natural resources. Its sponsor is an affiliate of Riverstone, an experienced energy investor.