Silver Run Acquisition, a blank check company formed by Mark Papa and Riverstone to acquire an energy business, raised $450 million by offering 45 million units at $10 each.
It had originally planned to raise offer 40 million units and raise $400 million. At $10 per unit, the company commands a market cap of $550 million.
Silver Run Acquisition plans to list on the Nasdaq under the symbol SRAQU. Deutsche Bank, Citi and Goldman Sachs acted as lead managers on the deal.
It had originally planned to raise offer 40 million units and raise $400 million. At $10 per unit, the company commands a market cap of $550 million.
Silver Run Acquisition plans to list on the Nasdaq under the symbol SRAQU. Deutsche Bank, Citi and Goldman Sachs acted as lead managers on the deal.
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