---
schema_version: "secwatch.filing_event.v1"
accession: "0001944558-24-000109"
form_type: "8-K"
ticker: "VTS"
cik: "0001944558"
company_name: "Vitesse Energy, Inc."
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:08:38.746709+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vitesse to acquire Lucero in $222M all-stock deal; dividend to rise from $2.10 to $2.25/share

## Summary
- All-stock acquisition valued at US$222M fully diluted; exchange ratio 0.01239 Vitesse shares per Lucero share.
- Expected to close Q2 2025; accretive to earnings, cash flow, and NAV; ~$3M annual G&A synergies.
- Vitesse to increase annual dividend from $2.10 to $2.25 per share post-closing, subject to board approval.
- Combined Q3 2024 pro forma production ~19.4 Mboe/d; Lucero had no debt and $56M cash at Sept 30.
- Two Lucero board nominees (Gary Reaves, M. Bruce Chernoff) to join Vitesse board; 63% of Lucero shareholders support deal.

## SEC filing metadata
- accession: 0001944558-24-000109
- form_type: 8-K
- ticker: VTS
- cik: 0001944558
- company_name: Vitesse Energy, Inc.
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944558/000194455824000109/0001944558-24-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944558/000194455824000109/vitesse-20241216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001944558-24-000109
- JSON: https://secwatch.observer/filing/0001944558-24-000109.json
- Plain text: https://secwatch.observer/filing/0001944558-24-000109.txt

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