other material
confidence high
sentiment neutral
materiality 0.70
Sable Offshore completes public warrant redemption; 99.8% exercised for $183.5M
Sable Offshore Corp.
- 99.8% of public warrants exercised as of Nov 4, 2024 redemption date.
- Issued 15,957,820 shares of common stock for $183.5 million in cash proceeds.
- Unexercised public warrants redeemed at $0.01 each; no public warrants remain outstanding.
- Private placement and working capital warrants not subject to redemption remain outstanding.