Liberty Resources Acquisition Corp.
LIBYW
NASDAQ Global Market0.03
USD
- -
- -
CIK
0001880151
ISIN
US53118A1135
CUSIP
53118A113
Return %
Stock
S&P500
1Y
- -
18.02
3Y
-67.90
64.11
5Y
-91.77
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- 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
- CIK
- 0001880151
- Website
- liberty-resources.com
- Similar Companies
- Business
- Liberty Resources Acquisition Corp. Liberty Resources Acquisition Corp. (LIBYW) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations; it focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in the oil and gas sectors. The company provides public market access to private entities through its SPAC structure, offering redeemable units comprising Class A ordinary shares and warrants exercisable into additional shares upon completion of an initial business combination; its warrants trade under the LIBYW ticker and are redeemable under specified conditions post-combination. Incorporated in 2021 and headquartered in Miami, Florida, with prior addresses noted in New York, New York, Liberty Resources Acquisition Corp. serves institutional and retail investors seeking exposure to energy sector targets, particularly upstream oil and gas assets in regions like North Dakota's Bakken Shale or international prospects such as Kazakhstan's Rakushechnoye Field. In December 2022, the company entered a definitive business combination agreement with Caspi Oil Gas LLP, a Kazakhstan-based oil and gas entity, involving a complex restructuring with Liberty Onshore Energy B.V. as the parent entity, PIPE financing, and assumption of $50 million in liabilities plus a $50 million payment to Caspi owners, though the transaction faced extensions and remains subject to shareholder approval and regulatory clearances as of the latest updates. To support the potential deal, Liberty established an M&A Transition Taskforce in March 2023 to oversee pre- and post-combination execution, including site visits to target assets; the company has extended its deadline multiple times to consummate an initial business combination, reflecting ongoing efforts amid Nasdaq compliance notices and shareholder redemption considerations. No merger has been completed to date, preserving its SPAC status without operating subsidiaries or diversified geographic operations beyond its U.S. base.