---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-028072"
form_type: "8-K/A"
ticker: "VGAS"
cik: "0001841425"
company_name: "Verde Clean Fuels, Inc."
filed_at: "2023-04-07T23:59:59+00:00"
generated_at: "2026-06-17T04:43:37.417903+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Verde Clean Fuels files audited FY22 financials of acquired Bluescape; net income $2.7M vs loss $12.9M

## Summary
- Bluescape Clean Fuels Intermediate had $0 revenue in FY22 and FY21; net income $2.7M in FY22 vs net loss $12.9M in FY21.
- FY22 net income driven by $7.6M non-cash contingent consideration gain; accumulated deficit $11.7M as of Dec 31, 2022.
- Cash and cash equivalents $463k as of Dec 31, 2022; no revenue generated from principal operations.
- Business combination with SPAC closed Feb 15, 2023; implied equity value $225M; contingent consideration terminated.
- Audited by Deloitte; unaudited pro forma condensed combined financials for year ended Dec 31, 2022 also filed.

## SEC filing metadata
- accession: 0001213900-23-028072
- form_type: 8-K/A
- ticker: VGAS
- cik: 0001841425
- company_name: Verde Clean Fuels, Inc.
- filed_at: 2023-04-07T23:59:59+00:00
- event_type: m_and_a
- 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/1841425/000121390023028072/0001213900-23-028072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841425/000121390023028072/ea175841-8ka1_verdeclean.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-028072
- JSON: https://secwatch.observer/filing/0001213900-23-028072.json
- Plain text: https://secwatch.observer/filing/0001213900-23-028072.txt

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