M&A
confidence high
sentiment neutral
materiality 0.70
South 8 Energy (f/k/a Red Trail Energy) closes asset sale to Gevo; changes name
SOUTH 8 ENERGY, LLC
- Asset sale to Gevo subsidiaries closed on Jan 31, 2025; company sold substantially all assets.
- Name changed from Red Trail Energy, LLC to South 8 Energy, LLC effective Feb 24, 2025.
- No deal consideration disclosed in this filing; refer to Asset Purchase Agreement filed Sep 16, 2024.
- Company's fiscal year end remains September 30.