---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-22-000351"
form_type: "8-K"
ticker: "APHD"
cik: "0001490054"
company_name: "VERDE BIO HOLDINGS, INC."
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:29:06.928740+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Verde Bio acquires Permian Basin mineral interests for $325k; adds $5.5k monthly revenue

## Summary
- Acquired mineral/royalty interests in Howard County, TX, operated by Ovintiv (f/k/a Encana).
- Purchase price of $325,000 in cash; closed on February 9, 2022 with effective date Dec 1, 2021.
- Interests currently produce ~$5,500 per month; Verde entitled to cash flow from Jan 1, 2022.
- CEO says deal highlights business plan of building diversified revenue-producing portfolio.
- Ovintiv has three rigs running in the area; focuses on Spraberry and Wolfcamp formations.

## SEC filing metadata
- accession: 0001096906-22-000351
- form_type: 8-K
- ticker: APHD
- cik: 0001490054
- company_name: VERDE BIO HOLDINGS, INC.
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490054/000109690622000351/0001096906-22-000351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490054/000109690622000351/vbhi-20220209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-22-000351
- JSON: https://secwatch.observer/filing/0001096906-22-000351.json
- Plain text: https://secwatch.observer/filing/0001096906-22-000351.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.