KLR Energy Acquisition Corp. has debuted on the stock market in a so-called blank-check IPO, raising about $80 million in proceeds. KLR Energy is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC.
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KLR Energy Acquisition Corp. has debuted on the stock market in a so-called blank-check IPO, raising about $80 million in proceeds. KLR Energy is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC.