Pure Acquisition Corp. (Nasdaq: PACQ) is a blank check company that completed its initial public offering in 2018, targeting acquisition opportunities in the upstream oil and gas sector. Sponsored by HighPeak Pure Acquisition, LLC, an affiliate of HighPeak Energy, the vehicle was structured to pursue exploration and production companies in North American energy basins. The October 2018 10-Q filing reflects the company operating in its search phase following the IPO. Pure Acquisition Corp. ultimately announced a business combination with HighPeak Energy assets, advancing the sponsor's consolidation strategy in the Permian Basin. Investors and analysts tracking SPAC energy deals can sign up at SpacDesk for full filing history, deal timelines, and comparable transaction data.