secwatch.observer — SEC 8-K summary
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Issuer:     Global Gas Corp (HGAS)
CIK:        0001817232
Form:       8-K
Filed at:   2023-12-28T23:59:59+00:00
Accession:  0001213900-23-099273
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 9.01, 4.01, 3.01, 3.02, 3.03, 5.03, 5.01, 5.02, 5.05, 5.06
LLM model:  deepseek-v4-flash:cloud@v2

Global Gas Corporation completes business combination with Global Hydrogen, begins trading under HGAS
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- Post-close shares: 5,428,256 Class A common, 4,300,000 Class B common; 8,624,981 public warrants, 4,850,000 private warrants.
- Redemption of 747,518 shares at ~$10.04 each, aggregate $7,507,824.89.
- PIPE: 681,220 Class A shares issued to Meteora at $10/share, sold concurrently with closing.
- Sponsor note ($170K) and Glatt note ($103,950) amended, maturity extended to June 30, 2024.
- Lock-up: common stock restricted 12 months, private warrants restricted 30 days post-close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817232/000121390023099273/0001213900-23-099273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817232/000121390023099273/ea190645-8k_globalgas.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-099273

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