secwatch.observer — SEC 8-K summary
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Issuer:     PRESIDIO PRODUCTION Co (FTW)
CIK:        0002083125
Form:       8-K/A
Filed at:   2026-03-12T23:59:59+00:00
Accession:  0001213900-26-026608
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 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
LLM model:  deepseek-v4-flash:cloud@v2

Presidio Production Company completes business combination with EQV Ventures; warrants updated to 11,887,469
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- On March 4, 2026, Presidio (f/k/a Presidio PubCo) closed its merger with EQV, becoming a publicly traded company on NYSE under FTW.
- PIPE financing of $87.5M (8.75M shares at $10.00) and Series A Preferred financing of $123.75M (125,000 shares) closed at the same time.
- Series B Preferred financing of $25M (27,173 convertible shares) also closed; warrants exercisable for shares at $0.01 per warrant.
- New $65M senior secured revolving credit facility (borrowing base $65M, max $500M) with Citizens Bank; matures in 4 years.
- 11,887,469 Presidio Warrants issued and outstanding, each exercisable for one share of Class A common stock at $11.50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2083125/000121390026026608/0001213900-26-026608-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2083125/000121390026026608/ea0280928-8ka1_presidio.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-026608

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