read this from recent quarter really interesting... NOTE 11—SUBSEQUENT EVENTS
In August 2017, we received a 20% interest in Osprey Sponsor, LLC (“Osprey Sponsor”). Osprey Sponsor is the sponsor of Osprey Energy Acquisition Corp (“Osprey”). We received our interest in consideration for potential utilization, if any, of our office space, advisory services and personnel by Osprey. On July 26, 2017, Osprey consummated its initial public offering, for which Jon Cohen, Ed Cohen, and Daniel Herz serve as CEO, Executive Chairman, and President, respectively. Osprey was formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business transaction, one or more operating businesses or assets that Osprey has not yet identified (a “Business Combination”). The initial public offering, including the overallotment exercised by the underwriters, generated net proceeds of $275 million through the issuance of 27.5 million units, which were contributed to a trust account and are intended to be applied generally toward consummating a Business Combination. We intend to allocate approximately 2% of our interest to our employees other than Messrs. Cohen and Herz.
