secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001628280-25-057021
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crescent Energy completes acquisition of Vital Energy; exchange ratio 1.9062 shares per Vital share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000162828025057021/0001628280-25-057021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000162828025057021/crgy-20251212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-057021

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