---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-129998"
form_type: "8-K"
ticker: "EQT"
cik: "0000033213"
company_name: "EQT Corp"
filed_at: "2022-12-27T23:59:59+00:00"
generated_at: "2026-06-20T23:07:24.163504+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EQT extends Tug Hill acquisition outside date to Dec 2023, releases $150M escrow

## Summary
- Amended purchase agreement extends outside date from Dec 30, 2022 to Dec 29, 2023 due to FTC second request.
- $150M escrow released to sellers; seller issued EQT a promissory note (0% pre-termination, 10% post-termination interest).
- Term loan credit agreement amended to extend lender commitment termination to June 30, 2023; $1.25B facility adjusted.
- Remaining bridge loan commitments (~$260M) terminated as EQT determined no longer needed for financing.
- A&R purchase agreement also modifies certain purchase price adjustments and interim operating covenants.

## SEC filing metadata
- accession: 0001104659-22-129998
- form_type: 8-K
- ticker: EQT
- cik: 0000033213
- company_name: EQT Corp
- filed_at: 2022-12-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/33213/000110465922129998/0001104659-22-129998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/33213/000110465922129998/tm2233358d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-129998
- JSON: https://secwatch.observer/filing/0001104659-22-129998.json
- Plain text: https://secwatch.observer/filing/0001104659-22-129998.txt

## Key facts
- Material Agreements
  EQT Corp amended Amended and Restated Purchase Agreement with THQ Appalachia I, LLC, THQ-XcL Holdings I, LLC (effective 2022-12-23).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: THQ Appalachia I, LLC, THQ-XcL Holdings I, LLC
  - Effective: 2022-12-23
  source text: on December 23, 2022 (the “A&R Execution Date”), the EQT Parties and the Tug Hill Parties entered into an Amended and Restated Purchase Agreement (the “A&R Purchase Agreement”), which amends and restates the Purchase Agreement in its entirety and, among other things, extends the Original Outside Date to December 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/33213/000110465922129998/0001104659-22-129998-index.htm

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