Denham Sustainable Performance Acquisition in a letter to the SEC disclosed that it is withdrawing a planned $200 million offering of 20 million units.
The Houston-based SPAC registered the offering in March 2021, saying at the time that it would focus on opportunities in the global energy transition ecosystem.
Denham Sustainable Performance is led by Chairman and Director Stu Porter, founder of PE firm Denham Capital where he serves as CEO and CIO.
The SPAC had planned to list on the NYSE, with UBS, Cown and Intrepid Partners serving as underwriters. Read more.
