CENAQ Energy Corp.
Completed 2023-02-15- CIK 1841425
- CENQ
- Now VGAS
- IPO 2021-08-13
- $178M trust
- 252 filings
Successfully merged with Bluescape Clean Fuels Intermediate Holdings, LLC • Now trading as VGAS
- IPO Size
- $173M
- raised at the IPO
- Trust
- $178M
- as of 2022-12-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
252 filings over 23 quarters; violet bars carry a milestone
- 21 Q1: 7 filings
- 21 Q2: 2 filings
- 21 Q3: 20 filings
- 21 Q4: 14 filings
- 22 Q1: 8 filings
- 22 Q2: 2 filings
- 22 Q3: 15 filings
- 22 Q4: 18 filings
- 23 Q1: 26 filings
- 23 Q2: 25 filings
- 23 Q3: 5 filings
- 23 Q4: 8 filings
- 24 Q1: 7 filings
- 24 Q2: 26 filings
- 24 Q3: 6 filings
- 24 Q4: 8 filings
- 25 Q1: 8 filings
- 25 Q2: 18 filings
- 25 Q3: 3 filings
- 25 Q4: 3 filings
- 26 Q1: 6 filings
- 26 Q2: 7 filings
- 26 Q3: 10 filings
- S-1 filed 21 Q1
- IPO 21 Q3
- Completed 23 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
A blank-check company seeking to combine with a business. It intends to focus on energy, including oil and gas businesses and assets, in North America.
Investment Focus
Energy, Oil & Gas
Geographic Focus
North America
Key Information
As the filings state it
- IPO Date
- 2021-08-13
- Total Redemptions
- $159M
- PIPE
- $32M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2023-02-15
- Merger Target
- Bluescape Clean Fuels Intermediate Holdings, LLC
- SPAC Ticker
- CENQ
- Merged Ticker
- VGAS
Stock Performance
VGASTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2021-10-04 | $9.90 | |
| At Merger | 2023-02-16 | $10.75 | +9% |
| 6 Months Post-Merger | 2023-08-18 | $4.49 | -58% |
| 1 Year Post-Merger | 2024-02-16 | $5.35 | -50% |
| 2 Years Post-Merger | 2025-02-18 | $3.90 | -64% |
| Current Price | 2026-10-09 | $1.06 | -89% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Its management team and Board bring substantial energy-industry, oil and gas, acquisition, financial, operational and investment experience.