---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-224916"
form_type: "8-K"
ticker: "SOC"
cik: "0001831481"
company_name: "Sable Offshore Corp."
filed_at: "2024-09-24T23:59:59+00:00"
generated_at: "2026-05-31T02:08:13.012170+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sable Offshore raises $150M via PIPE offering of 7.5M shares at $20/share

## Summary
- Subscription agreements signed Sep 19, 2024; closing on Sep 23, 2024.
- Issued 7.5M common shares at $20 each for aggregate proceeds of approximately $150M.
- Shares issued in private placement exempt from registration under Section 4(a)(2) of Securities Act.
- Prior to PIPE, Sable had 65,090,441 shares outstanding as of Sep 19, 2024.
- New shares represent material dilution to existing stockholders.

## SEC filing metadata
- accession: 0001193125-24-224916
- form_type: 8-K
- ticker: SOC
- cik: 0001831481
- company_name: Sable Offshore Corp.
- filed_at: 2024-09-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831481/000119312524224916/0001193125-24-224916-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831481/000119312524224916/d889240d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-224916
- JSON: https://secwatch.observer/filing/0001193125-24-224916.json
- Plain text: https://secwatch.observer/filing/0001193125-24-224916.txt

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