What Happened to Verde Clean Fuels?
Ticker: VGASSPAC Year: 2021Merger: 2022
Return
-83.8%
Current Price
$1.62
Peak Price
$21
Trust Size
$67M
Summary
Verde Clean Fuels, Inc. filed its S-1 registration in 2021 and completed its business combination in 2022. The company remains actively traded with 233 SEC filings on record.
What Happened
Verde Clean Fuels, Inc. entered the SPAC market in 2021 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2022.
SEC records show 233 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2021-08-06
S-1 Registration Filed
2022-11-10
Merger Proxy Filed (DEFM14A)