Sentinel Energy Services Inc. Announces Pricing of $300,000,000 Initial Public Offering
SENTINEL ENERGY SERVICES INC UNIT (STNLU)
US:NASDAQ Investor Relations:
nasdaq.com/markets/ipos/company/sentinel-energy-services-inc-1033273-84822
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Sentinel Energy Services Inc. (the “Company”), led by Chairman Andrew Gould and Chief Executive Officer Krishna Shivram, today announced the pricing of its initial public offering (“IPO”) of 30,000,000 units at a price of $10.00 per unit. The units will be listed on the NASDAQ Capital Market and trade under the ticker symbol “STNLU” beginning November 3, 2017. Each unit consists of one of the Company’s Class A ordinary shares and one-third of one warrant, with each whole warrant enabling the holder thereof to purchase one whole Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NASDAQ Stock Market under the symbols “STNL” and “STNLW,” respectively. The Company intends to use the net proceeds from the IPO, and a simultaneous private place
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