secwatch.observer — SEC 8-K summary
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Issuer:     GRAN TIERRA ENERGY INC. (GTE)
CIK:        0001273441
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0001104659-24-091017
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gran Tierra to acquire i3 Energy for cash and stock; implied value 13.92p/share
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- Each i3 Energy share gets 1 new Gran Tierra share per 207 shares plus 10.43p cash.
- Acquisition implied value of 13.92p per i3 share; expected close in Q4 2024.
- Gran Tierra secured £80M loan facility from Trafigura at SOFR+300bps (first 3 months), then +600bps.
- Irrevocable undertakings received from holders of ~25% of i3 shares (incl. CFDs) supporting the deal.
- Gran Tierra shares trade under GTE on NYSE American, TSX, and LSE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273441/000110465924091017/0001104659-24-091017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273441/000110465924091017/tm2422097d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-091017

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