secwatch.observer — SEC 8-K summary
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Issuer:     Sable Offshore Corp. (SOC)
CIK:        0001831481
Form:       8-K
Filed at:   2025-05-23T23:59:59+00:00
Accession:  0001831481-25-000039
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sable Offshore closes upsized $295M common stock offering, underwriters exercise full option
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- Offering closed with 10M shares at $29.50; gross proceeds $295M.
- Initial $200M offering upsized; underwriters' option for 1.3M shares exercised.
- Net proceeds ~$283.2M for capex, working capital, general corporate purposes.
- J.P. Morgan, Jefferies, TD Cowen acted as joint book-running managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831481/000183148125000039/0001831481-25-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831481/000183148125000039/socc-20250521.htm
  HTML page:      https://secwatch.observer/filing/0001831481-25-000039

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