Vital Energy, Inc.: M&A transaction — Vital Energy completes Driftwood Acquisition; issues 1.58M shares as part of consideration

Vital Energy, Inc.

Acquisition of Driftwood Energy Operating closed on April 3, 2023, as previously disclosed in Feb 2023 8-K.
Issued 1,578,948 unregistered shares of common stock to Driftwood as partial purchase consideration.
Registration Rights Agreement entered into with Driftwood; financial statements to be filed within 71 days.

item 1.01 item 2.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Vital Energy, Inc. completed an acquisition involving Driftwood Energy Operating, LLC (closed 2023-04-03).

Action: acquisition
Counterparty: Driftwood Energy Operating, LLC
Closing: 2023-04-03

Exact text from the filing

On April 3, 2023, the Company consummated the Driftwood Acquisition.

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Source: SEC EDGAR

accession 0001528129-23-000075

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