Search:
   

Friday, August 21, 2020

Equity Corporate Actions Alert #2020 - 149
(Merger effective) Information Regarding the Business Combination of Pure Acquisition Corp (PACQ/U/W) and HighPeak Energy, Inc

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

The business combination of Pure Acquisition Corp (PACQ/U/W) and HighPeak Energy, Inc. has become effective today, Friday, August 21, 2020. As a result, the Class A Common Stock, Warrant, and Unit of Pure Acquisition Corp will be suspended from trading. The details are as follows:

Company Name/Issue: Pure Acquisition Corp. Class A Common Stock
CUSIP#: 74621Q106
Symbol: PACQ
Last Trading Date: August 21, 2020
Marketplace Effective Date for Suspension: August 24, 2020
Merger Consideration: One (1) share of HighPeak Energy, Inc. Common Stock, One (1) HighPeak Energy, Inc. Warrant, One (1) Contingent Value Right, and $0.62308187 in cash for each share of Pure Acquisition Corp. Class A Common Stock held.
Company Name/Issue: Pure Acquisition Corp. Warrants
CUSIP#: 74621Q114
Symbol: PACQW
Last Trading Date: August 21, 2020
Marketplace Effective Date for Suspension: August 24, 2020
Merger Consideration: One (1) share of HighPeak Energy, Inc. Warrant for each warrant of Pure Acquisition Corp. held.
Company Name/Issue: Pure Acquisition Corp. Unit
CUSIP#: 74621Q205
Symbol: PACQU
Last Trading Date: August 21, 2020
Marketplace Effective Date for Suspension: August 24, 2020
Merger Consideration: One (1) share of HighPeak Energy, Inc. Common Stock, One and one-half (1.5) warrant of HighPeak Energy, Inc., One (1) Contingent Value Right, and $0.62308187 in cash for each unit of Pure Acquisition Corp. held.

As a result of the completion of the business combination the combined company will list its Common Stock and Warrant on the Nasdaq Global Market. The details are as follows:

Company Name/Issue: HighPeak Energy, Inc. Common Stock
CUSIP: 43114Q105
Symbol: HPK
Marketplace Effective Date of New Listing: August 24, 2020
Company Name/Issue: HighPeak Energy, Inc. Warrant
CUSIP: 43114Q121
Symbol: HPKEW
Marketplace Effective Date of New Listing: August 24, 2020

If you would like to register as a market maker in HPK or HPKEW, contact Nasdaq Trading Services at +1 212 231 5100.

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile