EQV Ventures Acquisition Corp (EQV.U) Prices $350M IPO

EQV Ventures Acquisition Corp announced the pricing of its $350 million IPO and its units are expected to begin trading on the NYSE under the symbol “EQV.U”, Wednesday, August 7, 2024.

The new SPAC intends to search for a company in the broadly defined energy industry, primarily targeting the upstream exploration and production sector.

EQV Venture’s sponsor team is to be led by Chief Executive Officer and Director Jerry Silvey alongside President and Chief Financial Officer and Director Tyson Taylor, Chief Operating Officer Mickey Raney, Chief Accounting Officer and Secretary Danny Murray, Executive Vice President Grant Raney, Chief Strategy Officer Andrew McKinley, and Chief Investment Officer Will Smith.

Jerome C. Silvey, Jr., Bryan Summers, Andrew Blakeman, and Marc Peperzak are to serve on its Board of Directors.

Total SPAC deal count for 2024 year-to-date is now 23. This offering is expected to close on Thursday, August 8, 2024.

BTIG, LLC is acting as sole book-running manager for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. Withum Smith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.