---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-006046"
form_type: "8-K"
ticker: "EGHA"
cik: "0002052547"
company_name: "EGH Acquisition Corp."
filed_at: "2026-01-23T23:59:59+00:00"
generated_at: "2026-05-16T08:35:32.738797+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-006046
- form_type: 8-K
- ticker: EGHA
- cik: 0002052547
- company_name: EGH Acquisition Corp.
- filed_at: 2026-01-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2052547/000110465926006046/0001104659-26-006046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2052547/000110465926006046/tm263770d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-006046
- JSON: https://secwatch.observer/filing/0001104659-26-006046.json
- Plain text: https://secwatch.observer/filing/0001104659-26-006046.txt

## Key facts
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052547/000110465926006046/0001104659-26-006046-index.htm

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