ROC Energy Acquisition filed to offer 15 million units to be priced at $10 each. A unit consists of one share of common stock and one right to receive one-tenth of a share upon completion of a merger.
The new SPAC plans to target the non-operated, upstream oil and gas sector in the U.S.
Director and Chairman Joe Drysdale is the co-founder and a managing partner of Fifth Partners, where he has overseen all real estate investment platforms since the firm was founded in 2015.
EarlyBirdCapital is sole book-running manager. The underwriters’ over-allotment option covers up to 2.250 million additional units.
The SPAC has applied for a NYSE listing under ROC.U. Read more.
