EGH Acquisition Corp. 8K

Hecate Energy and EGH Acquisition Corp. resolved lender-related legal matters and updated guidance that their SPAC business combination and Hecate’s planned Nasdaq listing under ticker HCTE are now expected to close in early Q1 2027.

Hecate Energy LLC and EGH Acquisition Corp. announced that legal and documentation matters, including related litigation with Hecate’s lenders tied to its existing financing arrangements, have been fully resolved, clearing a key overhang to their previously announced SPAC business combination and planned Nasdaq listing of Hecate under the ticker HCTE, and that, subject to customary closing conditions and EGH shareholder approval, the transaction valuing Hecate at a pre-money enterprise value of approximately $1.2 billion is now expected to close in early Q1 2027 while the parties advance regulatory and shareholder processes and Hecate explores interim capital-raising opportunities.

Filing Facts

CIK

2052547

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-104740

Alert Tier

8