ROC Energy Acquisition Corp. Announces Pricing of Upsized $180 Million Initial Public Offering
ROC Energy Acquisition Corp. has announced the pricing of its upsized initial public offering (IPO) of 18,000,000 units at $10.00 each. Trading on the Nasdaq under the symbol 'ROCAU' begins on December 2, 2021, with units comprising one share of common stock and a right to receive one-tenth of a share upon a future business combination. The IPO is expected to close on December 6, 2021, subject to customary conditions. The firm seeks to focus on the non-operated, upstream oil and gas sector in the U.S.
- Successfully upsized IPO with 18,000,000 units at $10.00 each.
- Focus on the non-operated, upstream oil and gas sector, providing a strategic direction.
- No assurance the IPO will close as described or that net proceeds will be used as planned.
- Forward-looking statements carry inherent risks and uncertainties.
New York, NY, Dec. 01, 2021 (GLOBE NEWSWIRE) -- ROC Energy Acquisition Corp. (the “Company”) announced today the pricing of its upsized initial public offering of 18,000,000 units, at
The offering is expected to close on December 6, 2021, subject to customary closing conditions.
The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition in any business industry or sector, it intends to concentrate its efforts on the non-operated, upstream oil and gas sector in the U.S. The Company is led by Chief Executive Officer Daniel Jeffrey Kimes and Chief Financial Officer Rosemarie Cicalese.
EarlyBirdCapital, Inc. is acting as sole book-running manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,700,000 units at the initial public offering price to cover over-allotments, if any.
The offering is being made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering and final prospectus, when available, may be obtained from EarlyBirdCapital, Inc., 366 Madison Avenue, 8th Floor, New York, New York 10017.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission (“SEC”) on December 1, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
Daniel Jeffrey Kimes
Chief Executive Officer
ROC Energy Acquisition Corp.
(972) 392-6180
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