Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Zeo Energy Corp. entered into First Amendment to the Business Combination Agreement with ESGEN Acquisition Corporation and Sunergy Renewables, LLC valued at Aggregate consideration reduced from $410 million to $337.3 million; removal of $20 million minimum (effective 2024-01-24).
- Action
- entry
- Agreement
- merger
- Counterparty
- ESGEN Acquisition Corporation and Sunergy Renewables, LLC
- Value
- Aggregate consideration reduced from $410 million to $337.3 million; removal of $20 million minimum
- Effective
- 2024-01-24
Exact text from the filing
First Amendment to the Business Combination Agreement As previously disclosed, on April 19, 2023, ESGEN Acquisition Corporation, a Cayman Islands exempted company incorporated with limited liability (“ ESGEN ”), entered into that certain Business Combination Agreement with ESGEN OpCo, LLC, a Delaware limited liability company and wholly-owned subsidiary of ESGEN (“ OpCo ”), Sunergy Renewables, LLC, a Nevada limited liability company (“ Sunergy ”), the Sunergy equityholders set forth on the signature pages thereto (collectively, “ Sellers ” and each, a “ Seller ”), for limited purposes, ESGEN LLC, a Delaware limited liability company (the “ Sponsor ”), and for limited purposes, Timothy Bridgewater, an individual, in his capacity as the Sellers Representative (the “ Initial Business Combination Agreement ”). On January 24, 2024, ESGEN and Sunergy entered into the First Amendment to the Initial Business Combination Agreement (the “ First Amendment ” and, the Initial Business Combination A
View on SEC.gov