KLR Group LLC has filed a registration statement for the IPO of its blank-check KLR Energy Acquisition Corp.
KLR Energy Acquisition was formed for mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganization or similar business combinations with one or more businesses or entities.
The firm plans to raise $130 million through the offering of 13 million units sold at $10 per unit, according to Securities and Exchange Commission (SEC) filings on Jan. 19. EarlyBirdCapital Inc. is sole book-running manager.
KLR Group is a full-service investment and merchant bank focused on the natural resources sector, including E&P companies, service providers and midstream/infrastructure carriers and processors. The firm has offices in Houston and New York.
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