Real estate-focused FPA Energy Acquisition filed to offer 10 million units at $10 each. A unit consists of one share, one right and a warrant. Each right entitles the holder to receive one-tenth of a share.
The SPAC intends to acquire carbon-neutral office properties in major metropolitan areas.
Chairman and CEO Chris Yurko since June 2018 has served as managing director of Yurko & Associates Consulting in Nashville, TN and since October 2021, he has served as managing director and CRO of Forsa Power Alliance, a Tennessee-based engineering, real estate development, and energy consulting firm providing services to build power solutions for crypto currency mining.
I-Bankers Securities and IB Capital are joint bookrunners for the offering.
FPA Energy intends to apply for a Nasdaq listing under the ticker symbol FPAQU. Read more.
