Posts by Michael McAllister

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Pure Acquisition Corp. Positions Itself To Grow Quickly

HighPeak Energy On Monday, May 4, 2020, Pure Acquisition Corp. (PACQ) “Re”-entered into a business combination with HighPeak Energy (“HPK”). Once completed, HPK will be a northern Midland Basin focused Independent with ~51,000 net acres primarily in Howard County, Texas. More

Michael McAllister·May 6, 2020

Can An E&P Team Take The SPAC Route In This Environment?

Can an E&P company take the SPAC route in this environment? There are currently six energy-focused SPACs out searching for business combinations right now ranging in size from $55 million to $552 million and while not all of them are specifically focused on E&P companies, some have stated that E&P is an area they intend look within. More

Michael McAllister·Apr 20, 2020

Nikola Corporation: The Next Step in Being Public

Nikola Corporation, which filed its Analyst Day presentation on Friday, April 3rd, goes into greater detail of the Business model presented in early March when Nikola Motor announced the business combination with VectoIQ. More

Michael McAllister·Apr 6, 2020

VectoIQ Files A New Presentation Allowing For Deeper Dive Into the Business Model

This morning VectoIQ, which intends to combine with Nikola Motors, filed an 8-K this morning containing a new presentation slide deck. This deck is intended to accompany the analyst day scheduled for Monday, April 6. More

Michael McAllister·Apr 3, 2020

VectoIQ (VTIQ) and Nikola Motors: Tesla for Trucks

BLUEPRINT FOR A COMPANY IN AMERICA 2.0? On March 2, VectoIQ Acquisition Corp. (VTIQ) proposed to combine with Nikola Motors, a company focused on the development of next-generation smart transportation. Upon the closing of the transaction, the combined company will be named Nikola Corporation and remain NASDAQ-listed under the new ticker symbol “NKLA. More

Michael McAllister·Mar 31, 2020