secwatch.observer — SEC 8-K summary
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Issuer:     Zeo Energy Corp. (ZEO)
CIK:        0001865506
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001213900-24-092956
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zeo Energy to acquire residential solar assets from bankrupt Lumio for $4M cash and 6.2M shares
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- Acquires uninstalled solar contracts, inventory, IP from Lumio Holdings (Chapter 11) for $4M cash + 6.2M shares.
- Subscription Agreement: sells 1.87M shares at $1.45/sh ($2.72M) to LHX Intermediate with board seat and registration rights.
- Transaction contingent on Bankruptcy Court order and other conditions; share purchase closes concurrently.
- Lumio Holdings filed Chapter 11 on Sept 3, 2024 in Delaware Bankruptcy Court.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865506/000121390024092956/0001213900-24-092956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865506/000121390024092956/ea0218833-8k_zeoene.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-092956

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