secwatch.observer — SEC 8-K summary
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Issuer:     EGH Acquisition Corp. (EGHA)
CIK:        0002052547
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001104659-26-006046
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2052547/000110465926006046/0001104659-26-006046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2052547/000110465926006046/tm263770d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-006046

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