Spartan Energy Acquisition Corp.

Closed an IPO of 55.2 million units at a public offering price of $10 per unit. This includes the exercise in full by the underwriters of their option to purchase up to an additional 7.2 million units. Each whole warrant may be exercised for one share of Class A common stock at a price of $11.50 per share.

The company intends to use the net proceeds from the offering, and a simultaneous private placement of warrants, to consummate the company’s initial business combination.