Vantage Energy Acquisition Corp. (NASDAQ:VEACU) Files An 8-K Other Events
Item8.01
| Other Events. |
On April17, 2017, Vantage Energy Acquisition Corp. (the
Company) consummated its initial public offering (the
IPO) of 48,000,000 units (the Units). Each Unit
consists of one share of ClassA common stock of the Company, par
value $0.0001 per share (the ClassA Common Stock), and
one-third of one warrant of the Company, each whole warrant
entitling the holder thereof to purchase one whole share of
ClassA Common Stock at an exercise price of $11.50 per share. The
Units were sold at a price of $10.00 per unit, generating gross
proceeds to the Company of $480,000,000.
On April17, 2017, simultaneously with the consummation of the
IPO, the Company completed the private sale (the Private
Placement) of 7,733,333 warrants (the Private Placement
Warrants) at a purchase price of $1.50 per Private Placement
Warrant, to the Companys sponsor, NGP Vantage Energy LLC,
generating gross proceeds to the Company of approximately
$11,600,000.
A total of $480,000,000, comprised of $470,400,000 of the
proceeds from the IPO, including approximately $16,800,000 of
deferred underwriting discounts and commissions, and $9,600,000
of the proceeds from the sale of the Private Placement Warrants,
were placed in a trust account maintained by Continental Stock
Transfer Trust Company, acting as trustee. An audited balance
sheet as of April17, 2017 reflecting receipt of the proceeds upon
consummation of the IPO and the Private Placement has been issued
by the Company and is included as Exhibit99.1 to this Current
Report on Form8-K.
| Item9.01 | Financial Statements and Exhibits. |
(d) Exhibits. The following exhibits are filed with this Form8-K:
| ExhibitNo. | Description of Exhibits | |
| 99.1 | Audited Balance Sheet, as of April17, 2017. |
About Vantage Energy Acquisition Corp. (NASDAQ:VEACU)
Vantage Energy Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company’s focus is to identify and acquire a business in the upstream oil and gas industry in North America. As of February 14, 2017, the Company had no operations and had not generated any revenues. Vantage Energy Acquisition Corp. (NASDAQ:VEACU) Recent Trading Information
Vantage Energy Acquisition Corp. (NASDAQ:VEACU) closed its last trading session at with 35,601 shares trading hands.
