EGH Acquisition Corp. merges with Hecate Energy; $1.2B enterprise value

EGH Acquisition Corp.

Enterprise value $1.2B less net indebtedness; expected close Q3 2026.
SPAC shareholders may redeem shares; $50M minimum trust proceeds required from trust after redemptions.
Sponsor lock-up on 5M Class B shares; vesting tied to $12 and $13 VWAP thresholds over 4 years.
Post-close Up-C structure; EGH domesticates to Delaware and changes name.
Post-close board: 7 directors, 6 designated by Hecate, 1 by sponsor.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

EGH Acquisition Corp. entered into Business Combination Agreement with Hecate Energy Group, LLC and Hecate Holdings LLC (effective 2026-01-21).

Action: entry
Agreement: merger
Counterparty: Hecate Energy Group, LLC and Hecate Holdings LLC
Effective: 2026-01-21

Exact text from the filing

On January 21, 2026, EGH Acquisition Corp., a Cayman Islands exempted company (“ EGH ”), Hecate Energy Group, LLC, a Delaware limited liability company (“ Hecate ”), and Hecate Holdings LLC, a Delaware limited liability company (“ Parent ”, and collectively with Hecate, the “ Hecate Parties ”) entered into a Business Combination Agreement

View on SEC.gov

243 material agreements filed in the last 30 days. Browse all material agreements →

EGH Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001104659-26-006046

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