secwatch.observer — SEC 8-K summary
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Issuer:     Sable Offshore Corp. (SOC)
CIK:        0001831481
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001193125-22-275898
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flame Acquisition Corp. to combine with Sable Offshore Corp.; $71.5M PIPE committed
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- Definitive Merger Agreement with Sable Offshore Corp. and Holdco; Flame to change name to Sable Offshore Corp.
- Holdco Class A shares to be converted into 3,000,000 Flame Class A shares; PIPE investors to purchase 7.15M shares at $10 each for $71.5M.
- Closing conditions include HSR clearance, stockholder approval, BOEM certification, and contemporaneous close of Sable-EM Purchase Agreement.
- Termination date June 30, 2023; Flame Board may change recommendation upon certain intervening events.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831481/000119312522275898/0001193125-22-275898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831481/000119312522275898/d403393d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-275898

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