- CEO
- Maznah binti Abdul Jalil
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 78 SW 7th Street Miami FL United States of America 33130
- IPO Date
- Dec 27, 2021
- Business
- Liberty Resources Acquisition Corp. (NASDAQ: LIBY) is a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. It focuses its search for targets primarily within the oil and gas sectors of the natural resources industry; the company has no significant current operations or revenue-generating activities. Incorporated in 2021 and headquartered in New York, New York, it targets opportunities with entities in upstream, midstream or downstream oil and gas operations, serving institutional and retail investors seeking exposure to energy sector consolidation.
In December 2022, Liberty Resources Acquisition Corp. entered into a definitive business combination agreement with Liberty Onshore Energy B.V., a Dutch entity associated with Caspi Oil Gas LLP, valued at a pro forma enterprise value of $427.7 million, under which Liberty would become a wholly owned subsidiary and the combined entity would list on Nasdaq; the deal included formation of an M&A Transition Taskforce in March 2023 to prepare for integration. This proposed transaction with the Kazakhstan-based oil and gas explorer was mutually terminated in May 2024 due to challenging global economic conditions. As of late 2025, the company remains in the pre-deal phase without a new announced target or combination, actively seeking extensions to its completion window while holding IPO proceeds primarily in trust.