EGH Acquisition - Unit(EGHAU.US)

EGH Acquisition Signs Multiple Material Agreements

EGH Acquisition has signed multiple agreements to support its merger with Hecate Energy Group, including a Business Combination Agreement and various lock-up agreements. These agreements aim to establish an Up-C structure, ensure orderly trading post-merger, and provide liquidity pathways for holders. The merger is targeted for completion in Q3 2026, pending approvals. Key agreements include sponsor and parent lock-up agreements, an amended LLC agreement, and a tax receivable agreement, all designed to align incentives and share tax benefits.

Hecate Energy to Go Public in $1.2 Billion Deal with EGH Acquisition Corp

Hecate Energy Group LLC is set to go public through a $1.2 billion deal with EGH Acquisition Corp, which will list the company on Nasdaq under the ticker "HCTE." The agreement includes up to $155 million from EGH’s trust account for Hecate’s energy park development. The transaction, approved by both boards, aims to enhance Hecate’s growth and access to public capital markets, with management continuing post-transaction. The closing is expected in mid-2026.

EGH Acquisition - Unit | 10-Q: FY2025 Q3 Revenue: USD 0

EGH Acquisition - Unit | 10-Q: FY2025 Q2 EPS: USD 0.06

EGH Acquisition - Unit | 10-Q: FY2025 Q1 EPS: USD -0.01