Posts by Michael McAllister
2020-05-06 at 9:10am
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. ...
2020-04-20 at 5:48pm
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. ...
2020-04-06 at 4:31pm
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. ...
2020-04-03 at 4:07pm
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. ...
2020-03-31 at 7:34am
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. ...