---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-081003"
form_type: "8-K"
ticker: "VGAS"
cik: "0001841425"
company_name: "Verde Clean Fuels, Inc."
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:46:57.366303+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CENAQ files Bluescape Clean Fuels financials; target shows $3.6M net income, $225M deal value

## Summary
- Cash increased to $1.44M at Sep 30, 2022 from $87.6K at Dec 31, 2021.
- Net income $3.6M for nine months ended Sep 2022 vs net loss $3.0M a year earlier.
- Contingent consideration liability cut to $1.67M from $8.85M due to expected SPAC merger.
- Business Combination Agreement signed Aug 12, 2022; implied value $225M to current equity holders.
- Company still pre-revenue; going concern raised but BERR committed to fund for at least one year.

## SEC filing metadata
- accession: 0001213900-22-081003
- form_type: 8-K
- ticker: VGAS
- cik: 0001841425
- company_name: Verde Clean Fuels, Inc.
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841425/000121390022081003/0001213900-22-081003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841425/000121390022081003/ea170367-8k_cenaq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-081003
- JSON: https://secwatch.observer/filing/0001213900-22-081003.json
- Plain text: https://secwatch.observer/filing/0001213900-22-081003.txt

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