Successfully merged with HighPeak Energy, Inc. • Now trading as HPK
SPAC Overview
$360M
IPO Size
$53.2M
Trust (as of 2020-06-30)
Completed
Current Status
2018
IPO Year
Timeline Progress
About
Pure Acquisition Corp. is a blank-check company formed to complete an initial business combination. Its stated focus is energy, particularly upstream oil and gas businesses in North America, although its search is not limited to a particular industry or geography.
Investment Focus
Energy, Oil & Gas
Geographic Focus
North America
The terms and the filing trail behind Pure Acquisition Corp.
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Underwriters
Extended Team Information
The team is led by Jack D. Hightower, an experienced oil and gas executive and investor. Other members bring experience in energy operations, engineering, finance, investment banking, private equity, acquisitions and asset management.
Stock Performance
HPK
Trading Symbol
First Trade
May 29, 2018
$9.75
At Merger
September 8, 2020
$7.77
-20%
6 Months Post-Merger
March 9, 2021
$7.51
-3%
1 Year Post-Merger
September 3, 2021
$9.49
+22%
2 Years Post-Merger
September 2, 2022
$26.35
+239%
Current Price
October 1, 2026
$7.94
-19%
Key Information
IPO Date
April 16, 2018
State of Incorporation
DE
SIC
6770
Completion Date
September 1, 2020
Merger Target
HighPeak Energy, Inc.
SPAC Ticker
PACQ
Merged Ticker
HPK