Successfully merged with Abacus Life • Now trading as ABL
SPAC Overview
$300M
IPO Size
$29.4M
Trust (as of 2023-03-31)
Completed
Current Status
2020
IPO Year
Timeline Progress
About
East Resources Acquisition Company is a newly organized blank-check company seeking a combination in the energy industry, particularly oil and natural gas exploration and production assets; it reserves the right to pursue an opportunity in any industry.
Investment Focus
Energy, Oil & Gas
Geographic Focus
North America
The terms and the filing trail behind East Resources Acquisition Co
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
Terrence M. Pegula
Chairman of the Board of Directors, Chief Executive Officer, President
Jay J. Jackson
Chief Executive Officer, Director, President
Benjamin M. Wingard
Business Development, Vice President
Jacob R. Long
Operations, Vice President
K. Scott Kirby
President
Kevin Scott Kirby
Co-Founder, President
Matthew Ganovsky
Co-Founder, President
Sean Mcnealy
Co-Founder, Director, President
Gary L. Hagerman Jr.
Chief Financial Officer, Director, Treasurer
William Hugh Mccauley
Chief Financial Officer
Adam Samuel Gusky
Chief Investment Officer, Director
John P. Sieminski
General Counsel, Secretary
Cornelis Michiel van Katwijk
Director
James S. Morrow
Director
Karla Radka
Director
Kim S. Pegula
Director
Mary Beth Schulte
Director
Allen F. Sobol
Director Nominee
Thomas Wingett Corbett Jr.
Director, Director Nominee
William A. Fustos
Director Nominee
Thomas M. Corbett Jr.
Beneficial owner
Underwriters
Extended Team Information
Led by Terrence (Terry) M. Pegula, whose background includes more than 40 years forming and operating oil and gas companies, the management and board bring energy operations, investment, finance and transaction experience.
Key Information
IPO Date
July 24, 2020
Total Redemptions
$262M
State of Incorporation
DE
SIC
6770
Completion Date
June 30, 2023
Merger Target
Abacus Life
SPAC Ticker
ERES
Merged Ticker
ABL