DALLAS, Dec. 7, 2022
/PRNewswire/ -- ROC Energy Acquisition Corp. (Nasdaq: ROC) (the
"Company") announced today that an affiliate of ROC Energy Holdings
LLC (the "Sponsor"), has deposited an aggregate of $2,070,000 (representing $0.10 per public share) (the "Extension Payment")
into the Company's trust account for its public stockholders. This
deposit enables the Company to extend the date by which the Company
has to complete its initial business combination from December 6, 2022 to March
6, 2023 (the "Extension"). The Extension is the first of two
three-month extensions permitted under the Company's governing
documents.
ROC Energy Acquisition Corp. Confirms
Funding and Extension of Deadline to Complete Initial Business
Combination
The affiliate of the Sponsor loaned the Extension Payment to the
Company. The loan is non-interest bearing and convertible, at the
lender's discretion, into units identical to the units issued in
the Company's private placement that was consummated in connection
with the Company's initial public offering.
About ROC Energy Acquisition
Corp.
The Company is a blank check company formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. While the Company may pursue an acquisition
in any business industry or sector, it intends to concentrate its
efforts on the non-operated, upstream oil and gas sector in the
U.S. The Company is led by Chief Executive Officer Daniel Jeffrey Kimes and Chief Financial Officer
Rosemarie Cicalese.
Forward-Looking
Statements
This press release may include, and oral statements made from
time to time by representatives of the Company may include,
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Statements regarding
possible business combinations and the financing thereof, and
related matters, as well as all other statements other than
statements of historical fact included in this press release are
forward-looking statements. When used in this press release, words
such as "anticipate," "believe," "continue," "could," "estimate,"
"expect," "intend," "may," "might," "plan," "possible,"
"potential," "predict," "project," "should," "would" and similar
expressions, as they relate to us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, as well as assumptions made by,
and information currently available to, the Company's management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company's filings with the Securities and Exchange
Commission ("SEC"). All subsequent written or oral forward-looking
statements attributable to us or persons acting on our behalf are
qualified in their entirety by this paragraph. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
Risk Factors section of the Company's registration statement and
prospectus for the Company's initial public offering filed with the
SEC. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
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SOURCE ROC Energy Acquisition Corp.