Successfully merged with Permian Resources • Now trading as PR
SPAC Overview
$400M
IPO Size
Completed
Current Status
2016
IPO Year
Timeline Progress
- Registration2016-01-27 Filed S1
- IPO2016-02-25 IPO, search begins
- Definitive AgreementNo merger agreement yet
- Completed2016-10-11 Merger Completed
Investment Focus
Business in the energy industry
Stock Performance
PR
Trading Symbol
First Trade
April 25, 2016
$9.95
At Merger
October 12, 2016
$16.32
+64%
6 Months Post-Merger
April 13, 2017
$19.70
+21%
1 Year Post-Merger
October 12, 2017
$18.71
+15%
2 Years Post-Merger
October 12, 2018
$20.82
+28%
Current Price
May 30, 2025
$12.61
+27%
Key Information
February 25, 2016
October 11, 2016
Permian Resources
SRAQU
PR