---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-049767"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T10:14:17.068576+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy to acquire Ridgemar for $805M cash plus shares and earn-out; launches 18M share offering

## Summary
- Cash consideration $805M (adjustable) + up to 7.27M CRGY shares + up to $170M earn-out based on WTI in 2026-27.
- Transaction expected to close Q1 2025, subject to HSR and other customary conditions.
- Launches underwritten public offering of 18M shares (plus 2.7M over-allotment option).
- Pro forma combined proved reserves 1,058.9 MMBoe as of Dec 31, 2023; SEC PV-10 of $9.4B.
- Management agreement amendment caps incremental management fee on stock/offering at $5M.

## SEC filing metadata
- accession: 0001628280-24-049767
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 8.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000162828024049767/0001628280-24-049767-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000162828024049767/crgy-20241203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-049767
- JSON: https://secwatch.observer/filing/0001628280-24-049767.json
- Plain text: https://secwatch.observer/filing/0001628280-24-049767.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.