Investigation of Potential Action on Behalf of Pure Acquisition Corp. (NASDAQ: PACQ, PACQU, PACQW) Shareholders
Pure Acquisition Corp. (“Pure” or the “Company”) is a special purpose acquisition company focused on oil and gas exploration and production. The Company intends to focus on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more target businesses.
Kessler Topaz Meltzer & Check, LLP is investigating potential breaches of fiduciary duties by members of Pure's Board of Directors in connection with the Company’s recent announcement that it will merge with HighPeak Energy, Inc. (a wholly owned subsidiary of Pure) with HighPeak Energy, Inc. surviving as a publicly traded company.
If you currently own shares of Pure Acquisition Corp. (NASDAQ: PACQ, PACQU, PACQW) and would like to learn more about our investigation, please fill out our online form or contact us today at 844-887-9500 or info@ktmc.com.