Pure Acquisition Corp.

Pure Acquisition Corp.

Pure Acquisition Corp. originated from the Way family's oil and gas fortune in Fort Worth, Texas. The firm's formation as a family office followed the family's multigenerational involvement in energy and industrial sectors. Public records show the company was established with a focus on direct investment rather than fund management. The firm's investment strategy spans energy transition and renewables, infrastructure, and industrial technology, targeting direct control positions. It has not publicly disclosed specific portfolio companies or deal sizes, but SEC filings indicate its mandate includes both equity and debt investments across those sectors. The geographic focus is primarily North America, with potential expansion into select OECD markets. Pure Acquisition Corp. maintains a lean operational structure with fewer than 10 professionals. The firm's most recent known operational development was a filing related to its participating in the IPO of a special purpose acquisition company (SPAC) in early 2023, though that entity dissolved without consummating a business combination. The firm has not disclosed team size, total deployment, or additional offices; available information suggests a single office in Fort Worth. A structural differentiator for Pure Acquisition Corp. is its retention of a SPAC-formation strategy, which allows the firm to access public capital markets while maintaining family control. This dual structure — family office co-existing with a publicly traded vehicle — is uncommon among single-family offices and suggests a willingness to use IPO markets as a capital-raising tool alongside direct family capital.