SENTINEL ENERGY SERVICES AND STRIKE CAPITAL MUTUALLY AGREE TO TERMINATE TRANSACTION AGREEMENT
2019年2月13日 - 8:00PM
Sentinel Energy Services Inc. (Nasdaq: STNL) (“Sentinel” or the
“Company”) and Strike Capital, LLC (“Strike”) today announced that
both parties agreed to mutually terminate their definitive
transaction agreement and plan of merger. In response to current
market conditions, both sides concluded it was best not to pursue
the transaction at this time.
About Sentinel Energy Services
Inc.
Sentinel is a special purpose acquisition
company focused on the energy services and equipment sectors and
was formed for the purpose of entering into a merger, amalgamation,
capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses. The Company is sponsored by Sentinel Management
Holdings, LLC, an affiliate of CSL Capital Management, L.P. For
more information about Sentinel Energy Services Inc., please visit
its website at www.cslenergy.com/sentinel.
About Strike
Strike is a Texas limited liability company and
was formed in 2003. Strike provides a full complement of pipeline
infrastructure and integrity services, including new construction,
make-ready, testing, inspection, maintenance, repairs,
rehabilitation, upgrades, facility construction and reconnection.
Strike operates through multiple locations across its national
footprint, with corporate headquarters located in The Woodlands,
Texas. Strike is controlled by a group of investment funds managed
by OEP Capital Advisors, L.P.
Forward Looking Statements
This press release includes “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the use of words
such as “estimate,” “plan,” “project,” “forecast,” “intend,”
“expect,” “anticipate,” “believe,” “seek,” “target” or similar
expressions other similar expressions that predict or indicate
future events or trends or that are not statements of historical
matters. Such forward-looking statements are based on current
information and expectations, forecasts and assumptions, and
involve a number of judgments, risks and uncertainties.
Accordingly, forward-looking statements should not be relied upon
as representing Sentinel’s views as of any subsequent date, and
Sentinel does not undertake any obligation to update
forward-looking statements to reflect events or circumstances after
the date they were made, whether as a result of new information,
future events or otherwise, except as may be required under
applicable securities laws. You should not place undue reliance on
these forward-looking statements. As a result of a number of known
and unknown risks and uncertainties, actual results or performance
may be materially different from those expressed or implied by
these forward-looking statements.
Contacts
For Sentinel
Kent Jamison (281) 407-0686 kent@cslenergy.com
For Strike
Frank McCawley (713)
389-3000 frank.mccawley@strikeusa.com
For Media
Brian Brooks (281)
323-6644 Strike.PR@strikeusa.com
Sentinel Energy Services (NASDAQ:STNL)
過去 株価チャート
から 5 2024 まで 6 2024
Sentinel Energy Services (NASDAQ:STNL)
過去 株価チャート
から 6 2023 まで 6 2024