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Energy SPAC sequel Silver Run Acquisition II prices $900 million IPO at $10

March 24, 2017
SRUNU

Silver Run Acquisition II, a blank check company formed by Riverstone to acquire an energy business, raised $900 million by offering 90 million units at $10. It originally filed to offer 40 million units before increasing the deal size twice earlier in the week.

Silver Run Acquisition II plans to list on the Nasdaq under the symbol SRUNU. Citi, Credit Suisse, Deutsche Bank and Goldman Sachs acted as lead managers on the deal.