ROC Energy Acquisition priced its upsized IPO of 18 million units at $10 per unit, an increase of 3 million more units than expected. Units begin trading today on the Nasdaq under ROCAU. Each consists of one share and one right to receive one-tenth of a share.
The offering is expected to close Dec. 6.
The SPAC will focus on the non-operated, upstream oil and gas sector in the U.S.
EarlyBirdCapital, Inc. is sole book-running manager of the offering. Read more.