Baker Botts Represents Stephens in Combination of Grey Rock Investment Partners and Executive Network Partnering Corporation
Deal Description: Grey Rock Investment Partners (“Grey Rock”), a Dallas-based investment firm, and Executive Network Partnering Corporation (“ENPC”) (NYSE: ENPC), a special purpose acquisition entity, announced that they have entered into a definitive agreement to complete a $1.3 billion business combination resulting in the formation of publicly traded Granite Ridge Resources, Inc. (“Granite Ridge”). Subject to approval by the ENPC stockholders and customary regulatory requirements, Granite Ridge intends to be listed on the NYSE under the ticker symbol “GRNT” upon closing, which is expected to occur later this year.
Baker Botts represented Stephens Inc., which acted as financial advisor to ENPC.
ENPC’s press release can be found here.
Baker Botts Lawyers/Offices Involved:
Corporate: Doug Getten (Partner, Houston), Lakshmi Ramanathan (Special Counsel, Houston), Derek Gabriel (Associate, Dallas) and Chelsea Johnson (Associate, Houston)
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