Wednesday, July 2, 2025

Renewable Energy SPAC Enphys Acquisition Prices Upsized US$300 Million IPO

Blank check company Enphys Acquisition Corp. (Nasdaq: NFYS.U) went public today on the Nasdaq Global Market. The company is seeking to raise US$300.0 million through its initial public offering.

The offering consists of 30.0 million company units, upsized from previous plan of 25.0 million units, priced at US$10.00 per unit. Each unit is composed of one common share and one-half of a purchase warrant. Each whole warrant is redeemable to purchase one common share at US11.50 per share. The units will be trading under the symbol “NFYS.U” but once the securities are separated, the common shares and the purchase warrants will be trading on the Nasdaq big board under the symbols “NFYS” and “NFYS.W”, respectively.

Credit Suisse Securities (USA) and BTIG serve as the bookrunners for the offering. The company has granted the underwriters a 45-day over-allotment option to purchase additional 4.5 million company units, potentially bringing the offering proceeds to US$345.0 million.

The offering is expected to close on October 8, 2021, subject to customary closing conditions.

The blank check firm will be led by the managing partner of investment firm LAIG Investments, Jorge de Pablo, as its CEO. The company plans to target businesses that predominantly operate in Ibero-America aligned with energy transition and sustainability themes.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Radiation Oncology Firm Shuttle Pharmaceuticals Prices US$10 Million IPO

Pharmaceutical company focused on radiation therapy treatment Shuttle Pharmaceuticals Holdings, Inc. (Nasdaq: SHPH) started trading...

Thursday, September 1, 2022, 02:21:00 PM

Base Carbon Closes Reverse Takeover Deal, Looks At NEO Listing

Base Carbon Corp. announced on Friday the completion of the reverse takeover deal with 1287411...

Monday, February 28, 2022, 02:26:00 PM

Birkenstock Files For $8 Billion IPO

Birkenstock, the renowned German footwear company, took a significant step towards going public on Tuesday....

Wednesday, September 13, 2023, 10:36:00 AM

SPAC Lakeshore Acquisition II Prices US$60 Million IPO

Special purpose acquisition company Lakeshore Acquisition II Corp. (Nasdaq: LBBBU) started trading publicly on the...

Wednesday, March 9, 2022, 12:06:00 PM

Wealth Management SPAC Everest Consolidator Acquisition Prices US$150 Million IPO

Special purpose acquisition company Everest Consolidator Acquisition Corporation (NYSE: MNTN.U) went public on Wednesday on...

Friday, November 26, 2021, 01:54:00 PM