AREC - American Resources skyrockets 54% on American Acquisition Opportunity initial offering

American Acquisition Opportunity, a special purpose acquisition company of American Resources (AREC) files for initial public offering on February 4, 202.AAOI intends to search for a target in the land holdings and resources industry.The offering size is of $100M, or up to $115M if the underwriters' over-allotment option is exercised in full.Share +54% pre-market.

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American Resources skyrockets 54% on American Acquisition Opportunity initial offering