{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-057021","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2025-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.880518+00:00","generated_at":"2026-05-16T13:15:42.087969+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 Energy completes acquisition of Vital Energy; exchange ratio 1.9062 shares per Vital share","bullets":["Completed acquisition of Vital Energy; each Vital share converted into 1.9062 shares of Crescent Class A common stock.","Crescent Finance assumed Vital's senior notes: $800M 7.875% 2032, plus 7.75% 2029 and 9.75% 2030 notes.","Board expanded to 12; appointed William Albrecht and Jarvis Hollingsworth (former Vital directors); Michael Duginski resigned.","Stockholders approved share issuance with ~82.96% quorum; 207M votes for, 3.8M against.","Merger closed on December 15, 2025; internal reorganization transferred Vital assets to Crescent Finance."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-057021","json":"https://secwatch.observer/filing/0001628280-25-057021.json","markdown":"https://secwatch.observer/filing/0001628280-25-057021.md","text":"https://secwatch.observer/filing/0001628280-25-057021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000162828025057021/0001628280-25-057021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000162828025057021/crgy-20251212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:15:42.087969+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":"694db2bc69ea0ca0b4ef2aee42ea1c787e99d50b","claim":"Crescent Energy Co completed an acquisition involving Vital Energy, Inc. (closed 2025-12-15).","evidence_excerpt":"On December 15, 2025 (the “Closing Date”), Crescent Energy Company, a Delaware corporation (“Crescent” or “Parent”), completed its previously announced transaction with Vital Energy, Inc., a Delaware Corporation (“Vital” or the “Company”), pursuant to the Agreement and Plan of Merger (the “Merger Agreement”) with Vital, Venus Merger Sub I Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub Inc.”), and Venus Merger Sub II LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent (“Merger Sub LLC”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000162828025057021/0001628280-25-057021-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Vital Energy, Inc."},{"label":"Closing","value":"2025-12-15"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}