ROC Energy Acquisition Corp. Announces the Separate Trading of its Common Stock and Rights, Commencing December 29, 2021

Rhea-AI Summary

ROC Energy Acquisition Corp. (NASDAQ: ROCAU) announced that starting December 29, 2021, shareholders can trade shares of common stock and rights separately from units sold in its initial public offering. The common stock will trade under the symbol 'ROC' and rights under 'ROCAR,' while units will continue trading as 'ROCAU.' The company, which is focused on pursuing business combinations in the U.S. oil and gas sector, clarified that this press release does not constitute an offer to buy or sell securities in jurisdictions where such transactions would be unlawful.

Positive

• Shareholders can now trade common stock and rights separately, enhancing liquidity.
• ROC Energy focuses on business combinations in the non-operated upstream oil and gas sector, indicating a targeted approach to acquisitions.

Negative

• None.

New York, NY, Dec. 27, 2021 (GLOBE NEWSWIRE) -- ROC Energy Acquisition Corp. (NASDAQ: ROCAU) (the “Company”) announced that, commencing December 29, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s common stock and rights included in the units. No fractional rights will be issued upon separation of the units and only whole rights will trade. Common stock and rights that are separated will trade on the Nasdaq Global Market under the symbols “ROC” and “ROCAR,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “ROCAU.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About ROC Energy Acquisition Corp.

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.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. 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 and prospectus for the Company’s initial public offering filed with the SEC. 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

FAQ

What changes occur for ROC Energy Acquisition Corp. units starting December 29, 2021?

Holders of ROC Energy Acquisition Corp. units can trade common stock and rights separately, with common stock trading under 'ROC' and rights under 'ROCAR.'

What is the trading symbol for ROC Energy Acquisition Corp. units?

ROC Energy Acquisition Corp. units will continue to trade under the symbol 'ROCAU.'

What is the focus of ROC Energy Acquisition Corp. concerning acquisitions?

ROC Energy Acquisition Corp. intends to concentrate on business combinations in the non-operated upstream oil and gas sector in the U.S.

Is the press release from ROC Energy Acquisition Corp. an offer to buy securities?

No, the press release clarifies that it is not an offer to sell or solicit offers to buy the company's securities.