Spartan Energy Corp.
Priced its IPO of 48 million units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “SPAQ.U” beginning August 10, 2018. Each unit consists of one share of the company’s Class A common stock and one-third of one warrant, with each whole warrant enabling the holder thereof to purchase one whole share of Class A common stock at a price of $11.50 per share.
Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC are acting as joint book-running managers and Jefferies LLC, RBC Capital Markets, LLC and Tudor, Pickering, Holt & Co. Securities, Inc. are acting as co-managers for the offering.