--- schema_version: "secwatch.filing_event.v1" accession: "0001477932-23-008092" form_type: "8-K" ticker: "RMCO" cik: "0001843656" company_name: "Royalty Management Holding Corp" filed_at: "2023-11-06T23:59:59+00:00" generated_at: "2026-06-08T21:28:46.434072+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.85 calibrated_materiality_score: 0.85 confidence: "high" source: SEC EDGAR --- # AMAO completes business combination with Royalty Management, begins trading as RMCO ## Summary - Exchange ratio 1.5034; 253,807 AMAO shares redeemed for ~$2.66M at ~$10.47/share. - Post-combination: 14,270,761 common shares and 9,153,996 warrants (exercise $11.50) outstanding. - New directors: Thomas Sauve (CEO/Chairman), Kirk Taylor (CFO), Daniel Hasler, Gary Ehlebracht, Julie Griffith. - RMCO (common) and RMCOW (warrants) begin trading on Nasdaq on Nov 6, 2023. - Company ceases to be a shell company; Mark Jensen steps down as CEO. ## SEC filing metadata - accession: 0001477932-23-008092 - form_type: 8-K - ticker: RMCO - cik: 0001843656 - company_name: Royalty Management Holding Corp - filed_at: 2023-11-06T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.85 - calibrated_materiality_score: 0.85 - confidence: high - sec_items: 1.01, 2.01, 9.01, 5.02, 3.01, 3.03, 5.01, 5.03, 5.06 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/amao_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001477932-23-008092 - JSON: https://secwatch.observer/filing/0001477932-23-008092.json - Plain text: https://secwatch.observer/filing/0001477932-23-008092.txt ## Key facts - Executive change Thomas Sauve was elected as Director at Royalty Management Holding Corp. - Action: elected - Role: Director source text: each of Daniel J. Hasler, Gary Ehlebracht, Julie K. Griffith, and Thomas Sauve were elected as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Executive change Mark Jensen resigned as Chairman of the Board at Royalty Management Holding Corp. - Action: resigned - Role: Chairman of the Board source text: Thomas Sauve replaced Mark Jensen as Chairman of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Executive change Gary Ehlebracht was elected as Director at Royalty Management Holding Corp. - Action: elected - Role: Director source text: each of Daniel J. Hasler, Gary Ehlebracht, Julie K. Griffith, and Thomas Sauve were elected as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Executive change Thomas Sauve was appointed as Chief Executive Officer at Royalty Management Holding Corp. - Action: appointed - Role: Chief Executive Officer source text: Thomas Sauve was appointed to serve as the Chief Executive Officer upon the completion of the Business Combination evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Executive change Thomas Sauve was appointed as Chairman of the Board at Royalty Management Holding Corp. - Action: appointed - Role: Chairman of the Board source text: with Thomas Sauve appointed as chairman of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Executive change Mark Jensen resigned as Chief Executive Officer at Royalty Management Holding Corp. - Action: resigned - Role: Chief Executive Officer source text: Effective upon the Closing Date, Mark Jensen resigned as Chief Executive Officer of AMAO. evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Executive change Julie K. Griffith was elected as Director at Royalty Management Holding Corp. - Action: elected - Role: Director source text: each of Daniel J. Hasler, Gary Ehlebracht, Julie K. Griffith, and Thomas Sauve were elected as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Executive change Edward Smith resigned as Director at Royalty Management Holding Corp. - Action: resigned - Role: Director source text: Effective upon the Closing Date, Edward Smith resigned as director of AMAO evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Executive change Daniel J. Hasler was elected as Director at Royalty Management Holding Corp. - Action: elected - Role: Director source text: each of Daniel J. Hasler, Gary Ehlebracht, Julie K. Griffith, and Thomas Sauve were elected as directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Governance Changes Royalty Management Holding Corp: Adopted Amended and Restated Certificate of Incorporation (effective 2023-10-31). - Change: charter amendment - Effective: 2023-10-31 source text: The Charter became effective upon filing with the Secretary of State of the State of Delaware on October 31, 2023, and includes the amendments proposed by the Charter Proposals. evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Governance Changes Royalty Management Holding Corp: Adopted amended and restated bylaws (effective 2023-10-31). - Change: bylaw amendment - Effective: 2023-10-31 source text: the Company adopted the Amended and Restated Certificate of Incorporation (as amended and restated, the “ Charter ”) and amended and restated bylaws (as amended and restated, the “ Bylaws ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - Governance Changes Royalty Management Holding Corp: Ceased being a shell company as a result of the Business Combination. - Change: shell status source text: As a result of the Business Combination, the Company ceased being a shell company. evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm - M&A Transactions Royalty Management Holding Corp underwent a change of control involving Royalty Management Corporation for each share of Royalty Common Stock converted into the right to receive a number of shares of the Company's Class A common stock equal to the Exchange Ratio of 1 (closed 2023-10-31). - Action: change of control - Counterparty: Royalty Management Corporation - Consideration: each share of Royalty Common Stock converted into the right to receive a number of shares of the Company's Class A common stock equal to the Exchange Ratio of 1 - Closing: 2023-10-31 source text: tion Opportunity Inc.) (prior to consummation of the Business Combination (as defined below), “ AMAO ” and after consummation of the Business Combination, the “ Company ”) announced that the business combination (the “ Business Combination ”) between AMAO and Royalty Management Corporation (“ Royalty ”), an Indiana corporation, was completed on October 31, 2023 pursuant to the Agreement and Plan of Merger, dated as of June 28, 2022 (as amended by Amendment No. evidence_url: https://www.sec.gov/Archives/edgar/data/1843656/000147793223008092/0001477932-23-008092-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.