Pure Acquisition Corp.
Description
Pure Acquisition Corp. said April 18 it has completed its IPO of 41.4 million units including 5.4 million units issued pursuant to the exercise by the underwriters of their full over-allotment option. The offering was priced at $10 per unit, resulting in gross proceeds of $414 million, before deducting underwriting discounts and commissions and other offering expenses payable by the company.