Kimbell Tiger Acquisition Corp.

Description

Filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission in connection with a proposed IPO expected to have a base offering size of 20 million units at $10 per unit. Under the terms of the proposed public offering, the sponsor of the company, which is controlled by Kimbell Royalty Partners LP, would own 20% of the company’s issued and outstanding common stock upon the consummation of the offering. Proceeds will be used by the company to pursue a business combination in any industry; however, the company intends to search for a target in the energy and natural resources industry in North America. UBS Investment Bank is sole book-running manager. Tudor, Pickering, Holt & Co. is capital markets adviser.

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Estimated Price
$200.0MM
Financing Type
Report Date