{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-034424","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2024-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.013436+00:00","generated_at":"2026-05-31T13:30:44.183707+00:00","sec_items":["1.01","2.01","2.03","5.02","5.07","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Crescent closes transformative acquisition of SilverBow Resources; issues ~52M shares, $358M cash","bullets":["Closed all-stock-and-cash merger with SilverBow on July 30, 2024, ahead of schedule.","Combined company becomes second largest Eagle Ford operator; SilverBow shareholders own ~23% on diluted basis.","Crescent issued ~52M Class A shares and paid ~$358M cash; borrowing base increased to $2.6B.","Annual synergy target of $65–$100M; ~$35M captured to date via improved cost of capital.","Board expanded to 11 directors with appointment of Marc Rowland and Michael Duginski from SilverBow."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-034424","json":"https://secwatch.observer/filing/0001628280-24-034424.json","markdown":"https://secwatch.observer/filing/0001628280-24-034424.md","text":"https://secwatch.observer/filing/0001628280-24-034424.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000162828024034424/0001628280-24-034424-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000162828024034424/crgy-20240729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:30:44.183707+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"352f7dec69","claim":"Michael Duginski was appointed as Director at Crescent Energy Co.","evidence_excerpt":"appointed Marcus C. Rowland and Michael Duginski to the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000162828024034424/0001628280-24-034424-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"9b86f2806d","claim":"Marcus C. Rowland was appointed as Director at Crescent Energy Co.","evidence_excerpt":"appointed Marcus C. Rowland and Michael Duginski to the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000162828024034424/0001628280-24-034424-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"91935ba7a072c56bd01f360bf845a3f72e80b7ed","claim":"Crescent Energy Co completed an acquisition involving SilverBow Resources, Inc. for a combination of 1.866 shares of Crescent's Class A common stock and $15.31 in cash, $38.00 in cash, or 3.125 shares of Crescent Class A common stock (closed 2024-07-30).","evidence_excerpt":"owned subsidiary of SilverBow ) was converted into the right to receive, at the election of the holder thereof, one of the following forms of consideration: (A) a combination of 1.866 shares of Crescent’s Class A common stock, par value $0.0001 per share (the “Crescent Class A Common Stock”) and $15.31 in cash (the “Mixed Election Consideration”), (B) $38.00 in","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000162828024034424/0001628280-24-034424-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"SilverBow Resources, Inc."},{"label":"Consideration","value":"a combination of 1.866 shares of Crescent's Class A common stock and $15.31 in cash, $38.00 in cash, or 3.125 shares of Crescent Class A common stock"},{"label":"Closing","value":"2024-07-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}