What Happened to Sable Offshore?
Ticker: SOCSPAC Year: 2021Merger: 2024
Return
+58.1%
Current Price
$15.81
Peak Price
$35
Trust Size
$1.7B
Summary
Sable Offshore Corp. filed its S-1 registration in 2021 and completed its business combination in 2024. The company remains actively traded with 335 SEC filings on record.
What Happened
Sable Offshore Corp. 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 2024.
SEC records show 335 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
2021-02-22
S-1 Registration Filed
2024-01-31
Merger Proxy Filed (DEFM14A)