Executive Network Partnering Corporation

closedU=S+W/4W=S@28.75
ENPCSEC EDGARCIK: 0001816261|ENPC Holdings, LLC•Oil and Gas

Capital Structure & Economics

Trust Size$300,000,000
Unit Price$25.00
Warrant Coverage1/4
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

25% Warrant Inclusion
Public Trust Allocation$300,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$25.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedAug 24, 2020
Target AnnouncedMay 16, 2022
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyGranite Ridge Resources, Inc.
  • SectorOil and Gas
  • Announcement Date2022-05-16

Board & Officers

Advanced Structuring Terms

Target SectorsOil and Gas

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction