secwatch.observer — SEC 8-K summary
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Issuer:     Verde Clean Fuels, Inc. (VGAS)
CIK:        0001841425
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001213900-23-040104
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verde Clean Fuels Q1 2023: EPS $(0.09); progressing JV and $250M bond approval
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- GAAP diluted loss per share of $(0.09); net loss attributable to Verde Clean Fuels of $574,461.
- Cash and cash equivalents $34.8M as of March 31, 2023.
- Advancing Verde/Cottonmouth Ventures JV with Diamondback Energy subsidiary for Permian natural gas-to-gasoline.
- Preliminary approval for up to $250M in revenue bonds from Arizona IDA for renewable fuel project.
- Continuing FEED preparations for Maricopa, AZ renewable gasoline plant; site diligence underway.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841425/000121390023040104/0001213900-23-040104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841425/000121390023040104/ea178220-8k_verdeclean.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-040104

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer