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. This “New Entrant” has ~400 net locations assuming the development of the Wolcamp A (WCA)
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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.
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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.
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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.”
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