Successfully merged with EnerVest • Now trading as MGY
SPAC Overview
$600M
IPO Size
Completed
Current Status
2017
IPO Year
Timeline Progress
- Registration2017-04-17 Filed S1
- IPO2017-05-06 IPO, search begins
- Definitive AgreementNo merger agreement yet
- Completed2018-08-06 Merger Completed
Investment Focus
Energy
SPAC Team
Leadership
Stephen Chazen
President, Chief Executive Officer and Chairman
Arcilia Acosta
Director
David Bonderman
Director
Edward Djerejian
Director
Chad Leat
Director
Michael MacDougall
Director
Dan F. Smith
Director
Martin Davidson
Chief Financial Officer
Eduardo Tamraz
Executive Vice President of Corporate Development, Secretary
Stock Performance
MGY
Trading Symbol
First Trade
June 29, 2017
$9.77
At Merger
August 7, 2018
$12.65
+29%
6 Months Post-Merger
February 6, 2019
$11.28
-11%
1 Year Post-Merger
August 7, 2019
$9.60
-24%
2 Years Post-Merger
August 6, 2020
$5.97
-53%
Current Price
May 30, 2025
$21.50
+120%
Key Information
May 6, 2017
August 6, 2018
EnerVest
TPGE.U
MGY