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Terry Pegula’s East Resources Acquisition Co. files for $300 million IPO

Terry Pegula will be the company’s chairman, CEO and president, and many of its board members and executives have worked in his other energy endeavors.
Terry Pegula (Photo: WGRZ)

BUFFALO, N.Y. — Terry Pegula has formed a company that plans to raise up to $300 million when it goes public on the Nasdaq stock index.

In an S-1 prospectus filed with the U.S.Securities and Exchange Commission, East Resources Acquisition Company said it will seek to acquire a target business in the North American energy industry.

Terry Pegula will be the company’s chairman, CEO and president, and many of its board members and executives have worked in his other energy endeavors. The company will be based in Boca Raton, Florida and traded under the ticker symbol ERESU.  You can read the full story on Buffalo Business First's website

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