Kayne Anderson Acquisition Corp
Completed 2018-11-09- CIK 1692787
- KAAC
- Now KNTK
- IPO 2017-03-30
- $382M trust
- 787 filings
Successfully merged with Alpine High Midstream • Now trading as KNTK
- IPO Size
- $377M
- raised at the IPO
- Trust
- $382M
- as of 2018-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2017
- year it listed
Filings, by quarter
787 filings over 40 quarters; violet bars carry a milestone
- 17 Q1: 26 filings
- 17 Q2: 11 filings
- 17 Q3: 1 filing
- 17 Q4: 2 filings
- 18 Q1: 6 filings
- 18 Q2: 1 filing
- 18 Q3: 13 filings
- 18 Q4: 77 filings
- 19 Q1: 18 filings
- 19 Q2: 23 filings
- 19 Q3: 11 filings
- 19 Q4: 13 filings
- 20 Q1: 18 filings
- 20 Q2: 8 filings
- 20 Q3: 5 filings
- 20 Q4: 13 filings
- 21 Q1: 7 filings
- 21 Q2: 7 filings
- 21 Q3: 7 filings
- 21 Q4: 28 filings
- 22 Q1: 59 filings
- 22 Q2: 18 filings
- 22 Q3: 28 filings
- 22 Q4: 15 filings
- 23 Q1: 37 filings
- 23 Q2: 20 filings
- 23 Q3: 14 filings
- 23 Q4: 21 filings
- 24 Q1: 43 filings
- 24 Q2: 24 filings
- 24 Q3: 7 filings
- 24 Q4: 17 filings
- 25 Q1: 27 filings
- 25 Q2: 24 filings
- 25 Q3: 8 filings
- 25 Q4: 5 filings
- 26 Q1: 37 filings
- 26 Q2: 28 filings
- 26 Q3: 49 filings
- 26 Q4: 11 filings
- S-1 filed 17 Q1
- IPO 17 Q1
- Definitive agreement 18 Q3
- Completed 18 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Kayne Anderson Acquisition Corp. is a blank-check company formed to acquire a business. It intends to target the energy industry, with emphasis on midstream and upstream sectors, but may pursue other industries.
Investment Focus
Energy
Key Information
As the filings state it
- IPO Date
- 2017-03-30
- Total Redemptions
- $299M
- PIPE
- $572M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2018-11-09
- Merger Target
- Alpine High Midstream
- SPAC Ticker
- KAAC
- Merged Ticker
- KNTK
Stock Performance
KNTKTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2018-11-13 | $9.55 | |
| 6 Months Post-Merger | 2019-05-13 | $5.41 | -41% |
| 1 Year Post-Merger | 2019-11-11 | $2.00 | -78% |
| 2 Years Post-Merger | 2020-11-09 | $33.26 | +265% |
| Current Price | 2026-10-16 | $55.30 | +479% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team and Kayne Anderson bring substantial energy-sector operating, investing, and M&A experience. CEO Robert Purgason has over 35 years of industry experience; Chairman Kevin McCarthy and Vice-Chairman Robert Sinnott have decades of investment experience. Kayne Anderson is a long-standing asset manager with extensive energy investment activity.