{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-025222","form_type":"8-K","ticker":"FTW","cik":"0002083125","company_name":"PRESIDIO PRODUCTION Co","filed_at":"2026-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.215957+00:00","generated_at":"2026-05-15T18:17:29.771003+00:00","sec_items":["1.01","2.01","5.02","3.02","4.01","9.01","2.03","3.01","3.03","5.01","5.03","5.05","5.06","8.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"confidence":"high","headline":"Presidio Production Company closes SPAC merger with EQV Ventures, raises ~$236M in PIPE and preferred financing","bullets":["Closed business combination with EQV Ventures Acquisition Corp.; Presidio Class A common stock and warrants now trade on NYSE under FTW and FTW WS.","Issued 8.75M shares at $10 each in PIPE financing for $87.5M; 125,000 Series A perpetual preferred shares for $123.75M net; 27,173 Series B convertible preferred shares for $25M.","Entered $65M senior secured revolving credit facility (initial borrowing base $65M, aggregate max $500M), maturing in 4 years.","Up-C structure: Presidio holds equity in Prometheus Holdings LLC; equityholders can exchange units for Class A common stock or cash.","Non-redemption agreement with Fort Baker retained ~$7.5M in trust; 117,686 Class A shares assigned from sponsor."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-025222","json":"https://secwatch.observer/filing/0001213900-26-025222.json","markdown":"https://secwatch.observer/filing/0001213900-26-025222.md","text":"https://secwatch.observer/filing/0001213900-26-025222.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2083125/000121390026025222/0001213900-26-025222-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2083125/000121390026025222/ea0279617-8k_presidio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T18:17:29.771003+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}