M&A
confidence high
sentiment neutral
materiality 0.60
Prairie Operating amends Bayswater asset deal: extends close date, $16M equity cap
Prairie Operating Co.
- Outside Date for closing extended to March 20, 2025 from original date in Feb 6 PSA.
- Base Amount of equity consideration set at $16.0M, with max shares issuable of 5,249,639.
- Equity Share Price defined based on public offering price or 75% of 5-day VWAP if no public offering.
- All seller closing conditions deemed satisfied as of March 14, 2025; certain deliveries confirmed.