KLR Energy Acquisition Corp. trading just above IPO issue price
Shares of KLR Energy Acquisition Corp. , a special purpose acquisition entity to acquire oil and gas assets, were trading at $10.02, above its initial public offering issue price of $10 a share. The company offered 8 million shares to raise up to $80,000,000. The company had previously said it would offer 13 million shares to raise $130 million. The stock is expected to trade Friday on the Nasdaq under the symbol "KLREU."EarlyBird Capital is the sole underwriter of the offering.
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