---
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"
generated_at: "2026-05-16T13:15:42.087969+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 completes acquisition of Vital Energy; exchange ratio 1.9062 shares per Vital share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 5.02, 5.07, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-057021
- JSON: https://secwatch.observer/filing/0001628280-25-057021.json
- Plain text: https://secwatch.observer/filing/0001628280-25-057021.txt

## Key facts
- M&A Transactions
  Crescent Energy Co completed an acquisition involving Vital Energy, Inc. (closed 2025-12-15).
  - Action: acquisition
  - Counterparty: Vital Energy, Inc.
  - Closing: 2025-12-15
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1866175/000162828025057021/0001628280-25-057021-index.htm

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