Johnny Dossey
appointed Johnny Dossey as a Cottonmouth Director (as defined in the A&R Charter), effective as of the same date
Highest-materiality recent filing
Verde Clean Fuels Q1 net loss $(2.3)M; cash $54.3M, no debt; advancing strategic alternatives
Net loss $(2.3)M ($0.05 diluted loss per share) vs $(2.7)M ($0.08) in Q1 2025.
Verde Clean Fuels posts FY 2025 net loss $14.1M; evaluating strategic alternatives including sale
FY 2025 net loss $14.1M ($0.39 diluted EPS); Q4 net loss $6.6M ($0.17 diluted EPS).
George Burdette, current CFO, appointed CEO effective March 20, 2026; will also continue as CFO.
Verde Clean Fuels suspends Permian Basin JV with Diamondback subsidiary; cites gas demand shift
Suspends Permian Basin project with Cottonmouth (Diamondback sub) due to rising natural gas demand.
Verde Clean Fuels reports Q2 net loss of $2.5M; cash at $62.1M with no debt
Net loss of $2.5M for Q2 2025; diluted loss per share of $0.07.
FY2024 net loss $10.5M ($0.53 diluted EPS); Q4 net loss $2.7M ($0.14 diluted EPS).
Verde Clean Fuels closes $50M equity investment by Diamondback subsidiary; appoints director
Cottonmouth purchased 12.5M shares at $4.00/share for $50M; total investment $70M, making Cottonmouth second largest shareholder.
Verde Clean Fuels secures $50M equity investment from Diamondback's Cottonmouth at $4/share
Cottonmouth Ventures (Diamondback subsidiary) to buy 12.5M shares at $4.00 for $50M total; close expected Q1 2025.
Verde Clean Fuels Q3 net loss $2.5M, appoints George Burdette as CFO
Net loss of $2.5M ($0.12 diluted EPS) for Q3; nine-month loss of $7.9M ($0.39 EPS).
Verde Clean Fuels appoints George W. Burdette III as CFO, effective Oct 1, 2024
Base salary $400,000; eligible for discretionary annual cash bonus target of 50% of base salary.
Verde Clean Fuels Q2 2024 GAAP EPS $(0.14) loss; cash $23.2M; selects Chemex for FEED
GAAP diluted EPS of $(0.14) for Q2 2024; net loss attributable to Verde of $0.9M vs $0.7M a year ago.
Verde Clean Fuels, Diamondback unit sign JDA for Permian Basin gas-to-gasoline facility
Verde and Cottonmouth Ventures (Diamondback subsidiary) executed JDA to develop, construct, and operate a natural gas-to-gasoline facility in Martin County, TX.
Verde Clean Fuels Q2 2023 GAAP diluted EPS -$0.12; signs Carbon TerraVault agreement
GAAP diluted loss per share of $(0.12) for Q2 2023; net loss attributable to Verde of $749k.
Verde Clean Fuels completes business combination with CENAQ; begins trading on Nasdaq
Closed business combination on Feb 15, 2023; CENAQ renamed to Verde Clean Fuels, Inc.
New PIPE investors (incl. Cottonmouth/Diamondback) commit $24M for 2.4M shares at $10/sh.
CENAQ stockholders approve business combination with Verde Clean Fuels; conditions not yet satisfied
Business Combination Proposal passed with 15,626,856 votes for, 1,546,103 against, 0 abstentions.
CENAQ announces IRA green hydrogen tax credits could add $20M/yr to Verde Clean Fuels
Post-merger co. Verde can add green hydrogen to STG+ process, reducing feedstock by ~2/3 with no capex change.
CENAQ restates Q1 2022 financials due to unaccrued deal expenses; non-reliance issued
Audit committee concluded March 31, 2022 financials should no longer be relied upon.
CENAQ receives Nasdaq delinquency notice for late Q2 10-Q; filing completed Aug 25
Received Nasdaq notice for failure to timely file Q2 10-Q; compliance plan due Oct 24, 2022.
CENAQ Energy Corp. announces $80M PIPE-backed merger with Bluescape Clean Fuels (Verde Clean Fuels)
Business Combination Agreement signed with Bluescape Clean Fuels Intermediate Holdings; combined entity to be named Verde Clean Fuels, Inc.
CENAQ Energy closes $150M SPAC IPO; units trade on NASDAQ
Priced 15,000,000 units at $10.00/unit, gross proceeds $150M.
appointed Johnny Dossey as a Cottonmouth Director (as defined in the A&R Charter), effective as of the same date
On September 30, 2024, Verde Clean Fuels, Inc. (the “Company”) appointed George W. Burdette III (“Mr. Burdette”) as Chief Financial Officer of the Company
On May 29, 2024, Verde Clean Fuels, Inc. (the “Company”) appointed Shannon Linden as Chief Accounting Officer
each of Benjamin Francisco Salinas Sada, Denise DuBard, Michael S. Bahorich and David Bullion resigned from their positions as directors of CENAQ
each of Benjamin Francisco Salinas Sada, Denise DuBard, Michael S. Bahorich and David Bullion resigned from their positions as directors of CENAQ
each of Benjamin Francisco Salinas Sada, Denise DuBard, Michael S. Bahorich and David Bullion resigned from their positions as directors of CENAQ
each of Benjamin Francisco Salinas Sada, Denise DuBard, Michael S. Bahorich and David Bullion resigned from their positions as directors of CENAQ
J. Russell Porter resigned from his positions as CENAQ’s Chief Executive Officer and Director
John B. Connally III resigned from his position as CENAQ’s Chairman
Michael J. Mayell resigned from his position as CENAQ’s Chief Financial Officer and Director
Benjamin Francisco Salinas Sada, Denise Dubard, Michael S. Bahorich and David Bullion were appointed as members of the Board of Directors
Benjamin Francisco Salinas Sada, Denise Dubard, Michael S. Bahorich and David Bullion were appointed as members of the Board of Directors
Max materiality 0.90 · Median 0.57 · Most common event other_material