BRIEF-Hammerhead And Decarbonization Plus Acquisition Corp IV Announce C$1.39 Bln Business Combination Combined Company To Be Listed On Nasdaq

Reuters

2022/09/26

Sept 26 (Reuters) - Decarbonization Plus Acquisition Corporation IV :

* HAMMERHEAD RESOURCES INC. AND DECARBONIZATION PLUS ACQUISITION CORPORATION IV ANNOUNCE C$1.39 BILLION BUSINESS COMBINATION; COMBINED COMPANY TO BE LISTED ON NASDAQ

* DECARBONIZATION PLUS ACQUISITION CORPORATION IV - UPON CLOSING OF DEAL, COMBINED CO EXPECTED TO BE LISTED ON NASDAQ & TRADE UNDER TICKER SYMBOL "HHRS"

* DECARBONIZATION PLUS ACQUISITION CORPORATION IV - HAMMERHEAD EXPECTS ITS 2022 PRODUCTION TO AVERAGE 31,500-32,500 BOE/D

* DECARBONIZATION PLUS ACQUISITION CORPORATION IV - COMBINED CO TO CONTINUE TO BE MANAGED BY HAMMERHEAD'S CURRENT EXECUTIVE TEAM, LED BY CEO SCOTT SOBIE

* DECARBONIZATION PLUS ACQUISITION CORPORATION IV - TRANSACTION IS ANTICIPATED TO GENERATE GROSS PROCEEDS OF APPROXIMATELY $320 MILLION

* DECARBONIZATION PLUS ACQUISITION CORPORATION IV - PRE-MONEY ENTERPRISE VALUE OF COMBINED COMPANY IS C$1,390 MILLION AT A PRICE OF $10 PER SHARE

* DECARBONIZATION PLUS ACQUISITION CORPORATION IV - UPON CLOSING, COMBINED COMPANY IS EXPECTED TO FEATURE A SEVEN-PERSON BOARD OF DIRECTORS

* DECARBONIZATION PLUS ACQUISITION CORPORATION IV - JIM MCDERMOTT IS EXPECTED TO SERVE ON COMBINED COMPANY'S BOARD

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;;))

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AND DECARBONIZATION PLUS ACQUISITION CORPORATION IV ANNOUNCE C$1.39 BILLION BUSINESS COMBINATION; COMBINED COMPANY TO BE LISTED ON NASDAQ</p><p>   * DECARBONIZATION PLUS ACQUISITION CORPORATION IV - UPON CLOSING OF DEAL, COMBINED CO EXPECTED TO BE LISTED ON NASDAQ &amp; TRADE UNDER TICKER SYMBOL \"HHRS\"</p><p>   * DECARBONIZATION PLUS ACQUISITION CORPORATION IV - HAMMERHEAD EXPECTS ITS 2022 PRODUCTION TO AVERAGE 31,500-32,500 BOE/D</p><p>   * DECARBONIZATION PLUS ACQUISITION CORPORATION IV - COMBINED CO TO CONTINUE TO BE MANAGED BY HAMMERHEAD'S CURRENT EXECUTIVE TEAM, LED BY CEO SCOTT SOBIE</p><p>   * DECARBONIZATION PLUS ACQUISITION CORPORATION IV - TRANSACTION IS ANTICIPATED TO GENERATE GROSS PROCEEDS OF APPROXIMATELY $320 MILLION</p><p>   * DECARBONIZATION PLUS ACQUISITION CORPORATION IV - PRE-MONEY ENTERPRISE VALUE OF COMBINED COMPANY IS C$1,390 MILLION AT A PRICE OF $10 PER SHARE</p><p>   * DECARBONIZATION PLUS ACQUISITION CORPORATION IV - UPON CLOSING, COMBINED COMPANY IS EXPECTED TO FEATURE A SEVEN-PERSON BOARD OF DIRECTORS</p><p>   * DECARBONIZATION PLUS ACQUISITION CORPORATION IV - JIM MCDERMOTT IS EXPECTED TO SERVE ON COMBINED COMPANY'S BOARD</p><p>Source text for Eikon:    Further company coverage:   </p><p>((Reuters.Briefs@thomsonreuters.com;;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DCRBU","symbol_name":"Decarbonization Plus Acquisition Corp","start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2270523696","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2270523696","pubTimestamp":1664191895,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Sept 26 (Reuters) - Decarbonization Plus Acquisition Corporation IV   :   * HAMMERHEAD RESOURCES INC","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DCRBU":"Decarbonization Plus Acquisition Corp"},"translate_title":"简讯-锤头和脱碳加收购公司宣布1.39亿加元合并公司将在纳斯达克上市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DCRD":0.9,"DCRBU":1},"content_text":"Sept 26 (Reuters) - Decarbonization Plus Acquisition Corporation IV   :   * HAMMERHEAD RESOURCES INC. 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