Liberty Resources Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LIBYU” Thursday, November 4.
The new SPAC intends to focus on the natural resources industry, specifically within the oil and gas sectors. The Company’s objective is to focus on middle market and emerging growth businesses operating with a total enterprise value from $200 million to $2 billion. Liberty Resources is led by Dato’ Maznah Binti Abdul Jalil, the Company’s Chairman of the Board and Chief Executive Officer, and Dato Khalid Ahmad, the Company’s Chief Financial Officer.
Total SPAC deal count for 2021 year-to-date is now 512. This offering is expected to close on Monday, November 8.
EF Hutton, division of Benchmark Investments LLC, served as the sole book-running manager on the offering. Nelson Mullins Riley & Scarborough LLP is serving as Issuer’s Counsel with Mitchell Silberberg & Knupp LLP serving as Underwriter’s Counsel. Adeptus Partners, LLC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.


At the SPAC of Dawn During a week in which rare earth mining and space de-SPACs have seen major gains, another blast from the past is making serious waves in the market. EV battery developer QuantumScape (NYSE:QS) rose to a 52-week high of $13.79 yesterday and is cruising even higher in the pre-market. The company...
Cantor Equity Partners I (NASDAQ:CEPO) has entered into a definitive agreement to combine with Bitcoin Standard Treasury in a transaction that is worth about $4.8 billion. Bitcoin Standard Treasury aims to bring in capital from a number of equity instruments to build up one of the largest US-listed Bitcoin treasuries. The combined company is expected...
At the SPAC of Dawn Several de-SPACs have made market-moving announcements recently and they haven’t forgotten to cash in on them. Fresh off of announcing $500 million strategic investment and partnership with Apple (NASDAQ:AAPL), rare earth miner MP Materials (NYSE:MP) has followed that up with a $500 million public offering, netting the company a cool...
Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...
At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...