---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-014862"
form_type: "8-K"
ticker: "EE"
cik: "0001888447"
company_name: "Excelerate Energy, Inc."
filed_at: "2022-04-18T23:59:59+00:00"
generated_at: "2026-06-26T06:59:45.889274+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Excelerate Energy closes IPO of 18.4M shares at $24; acquires vessel interests for $253.6M

## Summary
- IPO closed April 18, 2022: 18.4M Class A shares at $24.00 per share, raising approximately $441.6M.
- Issued 7.85M Class A shares to Maya for membership interests in Excelsior and Excellence vessel companies as part of $253.6M purchase consideration.
- Issued 82.02M Class B shares to Holdings; convertible one-for-one into Class A upon exchange of EELP interests.
- Board expanded with five new directors; Don Millican appointed Chair; audit, compensation, nominating committees formed.
- Adopted Long-Term Incentive Plan authorizing 10.75M Class A shares; initial option grants to executives at $24 exercise price.

## SEC filing metadata
- accession: 0001140361-22-014862
- form_type: 8-K
- ticker: EE
- cik: 0001888447
- company_name: Excelerate Energy, Inc.
- filed_at: 2022-04-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 3.03, 5.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1888447/000114036122014862/0001140361-22-014862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1888447/000114036122014862/ny20000051x20_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-014862
- JSON: https://secwatch.observer/filing/0001140361-22-014862.json
- Plain text: https://secwatch.observer/filing/0001140361-22-014862.txt

## Key facts
- Executive change
  Robert A. Waldo was appointed as Director at Excelerate Energy, Inc..
  - Action: appointed
  - Role: Director
  source text: Carolyn J. Burke, Paul T. Hanrahan, Henry G. Kleemeier, Don P. Millican and Robert A. Waldo joined the Board of Directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1888447/000114036122014862/0001140361-22-014862-index.htm
- Executive change
  Carolyn J. Burke was appointed as Director at Excelerate Energy, Inc..
  - Action: appointed
  - Role: Director
  source text: Carolyn J. Burke, Paul T. Hanrahan, Henry G. Kleemeier, Don P. Millican and Robert A. Waldo joined the Board of Directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1888447/000114036122014862/0001140361-22-014862-index.htm
- Executive change
  Henry G. Kleemeier was appointed as Director at Excelerate Energy, Inc..
  - Action: appointed
  - Role: Director
  source text: Carolyn J. Burke, Paul T. Hanrahan, Henry G. Kleemeier, Don P. Millican and Robert A. Waldo joined the Board of Directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1888447/000114036122014862/0001140361-22-014862-index.htm
- Executive change
  Paul T. Hanrahan was appointed as Director at Excelerate Energy, Inc..
  - Action: appointed
  - Role: Director
  source text: Carolyn J. Burke, Paul T. Hanrahan, Henry G. Kleemeier, Don P. Millican and Robert A. Waldo joined the Board of Directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1888447/000114036122014862/0001140361-22-014862-index.htm
- Executive change
  Don P. Millican was appointed as Chairperson of the Board at Excelerate Energy, Inc..
  - Action: appointed
  - Role: Chairperson of the Board
  source text: In addition, Mr. Millican was appointed as Chairperson of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1888447/000114036122014862/0001140361-22-014862-index.htm

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