Pure Acquisition prices upsized $360 million IPO at $10

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Pure Acquisition, a blank check company formed and led by oil and gas veteran Jack Hightower, raised $360 million by offering 36 million shares at $10. It originally planned to offer 30 million shares. Pure Acquisition plans to list on the Nasdaq under the symbol PACQU. Oppenheimer & Co. and EarlyBirdCapital acted as lead managers on the deal.

The article Pure Acquisition prices upsized $360 million IPO at $10 originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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