Accretion Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to identify and acquire a business involved in the energy value chain, including upstream, water management, gas and vapor capture, energy transition related systems, midstream, oil and gas-related software, commodity risk management, or oil and gas services. The company was incorporated in 2021 and is based in Denver, Colorado. Accretion Acquisition Corp. operates as a subsidiary of Accretion Acquisition Sponsor, LLC.
IPO Year: 2021
Exchange: NASDAQ
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DENVER, Dec. 18, 2023 /PRNewswire/ -- Accretion Acquisition Corp. (NASDAQ:ENER) (the "Company") today announced that its board of directors (the "Board") has determined not to proceed with a proposal to extend its corporate existence, as set forth in the Company's definitive proxy statement, filed with the U.S. Securities and Exchange Commission (the "SEC") on November 27, 2023. As such, the Board has determined to cancel the annual meeting of its stockholders, previously scheduled for December 19, 2023, and to redeem all of its outstanding shares of common stock, par value $0.001 per share (the "Common Stock"), sold in its initial public offering (the "Public Shares"), effective on or abou
MIDLAND, Texas and DENVER, Oct. 05, 2023 (GLOBE NEWSWIRE) -- New Era Helium Corp. ("NEH") and Accretion Acquisition Corp. ("Accretion") (NASDAQ:ENER, ENERR, ENERU, and ENERW))) are pleased to announce they have entered into a non-binding Letter of Intent (the "Letter of Intent") for a proposed business combination (the "Business Combination"). Accretion is a special purpose acquisition company formed for the purpose of consummating a business combination with one or more businesses, and its securities are currently listed for trading on The Nasdaq Stock Market LLC ("NASDAQ"). NEH is expected to hold a majority interest in the equity, on a fully diluted basis, of the combined company at the
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