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United Refining Energy Corp

US:URX
No current share price held for this company.

Past year: ▲ 8%(9.23 – 10.00 USD)

Market cap
—
Shares on issue
—
Story beats
11 since 2007
Last event
16 Dec 2009

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

10 Feb 2009substantial holder notice● Neutral

HBK Investments L.P, HBK New York LLC, HBK Partners II L.P, HBK Management LLC, HBK Master Fund L.P, HBK Special Opportunity Fund I L.P reported a United Refining Energy Corp shareholding of 4,698,238 shares (8.40% of votes) in a periodic institutional filing.

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10 Feb 2009substantial holder notice● Neutral

HBK Investments L.P, HBK New York LLC, HBK Partners II L.P, HBK Management LLC, HBK Master Fund L.P, HBK Special Opportunity Fund I L.P reported a United Refining Energy Corp shareholding of 4,698,238 shares (8.40% of votes) in a periodic institutional filing.

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10 Feb 2009substantial holder notice● Neutral

HBK Investments L.P, HBK New York LLC, HBK Partners II L.P, HBK Management LLC, HBK Master Fund L.P, HBK Special Opportunity Fund I L.P reported a United Refining Energy Corp shareholding of 4,698,238 shares (8.40% of votes) in a periodic institutional filing.

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10 Feb 2009substantial holder notice● Neutral

HBK Investments L.P, HBK New York LLC, HBK Partners II L.P, HBK Management LLC, HBK Master Fund L.P, HBK Special Opportunity Fund I L.P reported a United Refining Energy Corp shareholding of 4,698,238 shares (8.40% of votes) in a periodic institutional filing.

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10 Feb 2009substantial holder notice● Neutral

Brian Taylor, Pine River Capital Management L.P, Nisswa Master Fund Ltd reported no remaining United Refining Energy Corp shareholding in its periodic institutional filing.

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6 Feb 2009substantial holder notice● Neutral

QVT Financial LP, QVT Financial GP LLC, QVT Fund LP, QVT Associates GP LLC reported a United Refining Energy Corp shareholding of 4,158,378 shares (7.39% of votes) in a periodic institutional filing.

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30 Jan 2009substantial holder notice● Neutral

Millennium Management LLC, Israel A. Englander reported a United Refining Energy Corp shareholding of 2,995,746 shares (5.30% of votes) in a periodic institutional filing.

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23 Dec 2008director interest notice● Neutral

Coughlin Matthew F III became a United Refining Energy Corp director and company insider (initial ownership filing).

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28 Nov 2008substantial holder notice● Neutral

Millennium Management LLC, Israel A. Englander disclosed a new substantial United Refining Energy Corp shareholding (5.20% of votes).

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14 Nov 2008substantial holder notice● Neutral

Millennium Management LLC, Israel A. Englander reported a United Refining Energy Corp shareholding of 2,695,516 shares (4.80% of votes) in a periodic institutional filing.

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6 June 2008director interest notice● Neutral

United Refining Energy Corp director Nikolis Theodore P. bought 2,000 shares on the open market.

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12 Feb 2008substantial holder notice● Neutral

HBK Investments L.P, HBK Partners II L.P, HBK Management LLC, HBK Master Fund L.P reported a United Refining Energy Corp shareholding of 4,555,300 shares (8.10% of votes) in a periodic institutional filing.

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1 Feb 2008substantial holder notice● Neutral

QVT Financial LP, QVT Financial GP LLC, QVT Fund LP, QVT Associates GP LLC disclosed a new substantial United Refining Energy Corp shareholding (6.90% of votes).

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27 Dec 2007substantial holder notice● Neutral

Millenco LLC, Millennium Management LLC, Israel A. Englander disclosed a new substantial United Refining Energy Corp shareholding (5.50% of votes).

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18 Dec 2007business combination● NeutralMajor

The company confirmed it closed its IPO on December 17, 2007, raising $450,000,000 gross from 45,000,000 units, plus $15,600,000 from the sponsor's private warrants. $448,700,000 was placed in trust for public stockholders. The attached audited statements describe it as a blank check company (a shell formed to buy an unidentified business) focused on energy, particularly refining; they show $448,763,800 held in trust and a $3,931,326 net loss, mostly a $3,980,000 non-cash compensation expense tied to the sponsor warrants. It has no operating business yet.

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17 Dec 2007substantial holder notice● Neutral

Brian Taylor, Pine River Capital Management L.P, Nisswa Master Fund Ltd disclosed a new substantial United Refining Energy Corp shareholding (6.22% of votes).

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17 Dec 2007material agreement● NeutralMajor

United Refining Energy Corp closed its IPO of 45,000,000 units at $10.00 each (one share plus one warrant per unit) on December 17, 2007, and disclosed the related agreements: underwriting with Deutsche Bank Securities and Maxim Group, a trust account with Continental Stock Transfer & Trust, an escrow, registration rights and a warrant agreement. Its sponsor, United Refining, Inc. (owned through CEO John Catsimatidis), bought 15,600,000 private warrants at $1.00 each. Public holders who redeem in connection with a business combination or an extension amendment get $9.97 per share plus a pro rata share of trust interest, and trust funds are released only on a business combination or liquidation. The filing says the 45-day over-allotment option (up to 6,750,000 more units) was granted, and does not say whether it was used.

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13 Dec 2007director interest notice● Neutral

Murphy James E. became a United Refining Energy Corp Chief Financial Officer and company insider (initial ownership filing).

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13 Dec 2007director interest notice● Neutral

Bilirakis Michael became a United Refining Energy Corp director and company insider (initial ownership filing).

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13 Dec 2007director interest notice● Neutral

John A Catsimatidis became a United Refining Energy Corp Chairman and CEO and company insider (initial ownership filing).

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13 Dec 2007director interest notice● Neutral

Turfitt Myron L. became a United Refining Energy Corp President and company insider (initial ownership filing).

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13 Dec 2007director interest notice● Neutral

Wagner John R. became a United Refining Energy Corp Secretary and company insider (initial ownership filing).

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13 Dec 2007director interest notice● Neutral

Nikolis Theodore P. became a United Refining Energy Corp director and company insider (initial ownership filing).

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12 Dec 2007listing compliance notice▲ GoodMajor

the American Stock Exchange certified United Refining Energy Corp's securities for listing, clearing them to begin trading.

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12 Dec 2007securities registration● Neutral

United Refining Energy Corp filed the final prospectus for a registered offering.

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11 Dec 2007securities registration● Neutral

United Refining Energy Corp amended a filing by which it registered a securities offering with the SEC.

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11 Dec 2007securities registration● Neutral

United Refining Energy Corp amended a filing by which it registered a securities offering with the SEC.

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10 Dec 2007securities registration● Neutral

United Refining Energy Corp amended a filing by which it registered a securities offering with the SEC.

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3 Dec 2007securities registration● Neutral

United Refining Energy Corp amended a filing by which it registered a securities offering with the SEC.

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6 Nov 2007securities registration● Neutral

United Refining Energy Corp amended a filing by which it registered a securities offering with the SEC.

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