CE Energy Acquisition Registers to Raise $100M

CE Energy Acquisition filed to offer 10 million units at $10 each. The new SPAC is broadly focused on energy companies in the Americas.

A unit consists of one share and three-quarters of a warrant, with whole warrants redeemable at $11.50 for a share. 

Chairman and CEO Ryan Cunningham is president and operational partner of Cunningham Energy, an independent producer of oil and gas that he founded in 2008. He currently directs operations for Cunningham Energy, Marzcorp Oil & Gas, Viper Capital Partners and Raven Ridge Energy. 

Maxim Group is sole book runner for the offering.

The SPAC according to the filing has applied for a  Nasdaq listing under the symbol CEACU. Read more.

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