Zeo Energy Corp. Files 8-K on Financials and Personnel
Ticker: ZEOWW · Form: 8-K · Filed: Aug 20, 2024 · CIK: 1865506
| Field | Detail |
|---|---|
| Company | Zeo Energy Corp. (ZEOWW) |
| Form Type | 8-K |
| Filed Date | Aug 20, 2024 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.0001, $11, $225,000, $25,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, management-change
TL;DR
Zeo Energy Corp. dropped an 8-K detailing financials and exec changes. Check it out.
AI Summary
Zeo Energy Corp. filed an 8-K on August 20, 2024, reporting on its results of operations and financial condition, as well as changes in directors and officers. The filing also includes financial statements and exhibits. The company's principal executive offices are located at 5956 Sherry Lane, Suite 1400, Dallas, TX 75225.
Why It Matters
This 8-K filing provides investors with crucial updates on Zeo Energy Corp.'s financial performance and any significant changes in its leadership or board composition.
Risk Assessment
Risk Level: medium — 8-K filings can contain significant information about a company's financial health and strategic direction, which could impact its stock price.
Key Players & Entities
- Zeo Energy Corp. (company) — Registrant
- August 19, 2024 (date) — Earliest event reported
- August 20, 2024 (date) — Date of report
- 5956 Sherry Lane, Suite 1400, Dallas, TX 75225 (location) — Principal executive offices
- ESGEN Acquisition Corp (company) — Former company name
FAQ
What specific financial results are being reported by Zeo Energy Corp. in this 8-K?
The filing indicates it reports on 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.
Were there any changes in directors or officers reported?
Yes, the filing explicitly mentions 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' as an item being reported.
What is the exact date of the earliest event reported in this 8-K?
The earliest event reported is dated August 19, 2024.
What is Zeo Energy Corp.'s former company name?
Zeo Energy Corp.'s former company name was ESGEN Acquisition Corp.
Where are Zeo Energy Corp.'s principal executive offices located?
Zeo Energy Corp.'s principal executive offices are located at 5956 Sherry Lane, Suite 1400, Dallas, TX 75225.
Filing Stats: 2,183 words · 9 min read · ~7 pages · Grade level 11.8 · Accepted 2024-08-20 16:05:44
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share ZEO The Nasdaq Stock Mark
- $11 — e of Class A Common Stock at a price of $11.50, subject to adjustment ZEOWW The
- $225,000 — ed to pay Mr. Holbrook a base salary of $225,000, which may be increased from time to ti
- $25,000 — sole discretion. A one-time payment of $25,000 will be paid to Mr. Holbrook in connect
Filing Documents
- ea0211662-8k_zeoene.htm (8-K) — 48KB
- ea021166201ex10-1_zeoenergy.htm (EX-10.1) — 85KB
- ea021166201ex99-1_zeoenergy.htm (EX-99.1) — 125KB
- ea021166201ex99-2_zeoenergy.htm (EX-99.2) — 12KB
- ex99-2_001.jpg (GRAPHIC) — 8KB
- 0001213900-24-071126.txt ( ) — 547KB
- zeo-20240819.xsd (EX-101.SCH) — 4KB
- zeo-20240819_def.xml (EX-101.DEF) — 26KB
- zeo-20240819_lab.xml (EX-101.LAB) — 36KB
- zeo-20240819_pre.xml (EX-101.PRE) — 25KB
- ea0211662-8k_zeoene_htm.xml (XML) — 6KB
02
Item 2.02. Results of Operations and Financial Condition. On August 20, 2024, Zeo Energy Corp., a Delaware corporation (the "Company"), issued a press release announcing its financial results for the second quarter ended June 30, 2024. The press release is furnished hereto as Exhibit 99.1. The information provided in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. Such information shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as otherwise expressly set forth by specific reference in such filing.
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Cannon Holbrook as CFO On August 20, 2024, the Company announced the appointment of Cannon Holbrook as Chief Financial Officer ("CFO"). Mr. Holbrook initially joined the Company in March 2024, serving as advisor to the Chief Executive Officer (the "CEO") during the Company's de-SPAC process and, since that time, has lead its accounting, finance, and treasury functions as well as building out its external reporting processes. Mr. Holbrook (a) is not a party to any arrangement or understanding with any other person pursuant to which he was selected to serve as CFO of the Company, (b) has not been involved in any transactions with the Company or related persons of the Company that would require disclosure under Item 404(a) of the Regulation S-K, and (c) does not have any family relationship with any other director, executive officer, or person nominated or chosen by the Company to become a director or executive officer of the Company. Below is certain biographical information about Mr. Holbrook: Mr. Holbrook, 52, brings over two decades of experience in finance and accounting to the Company. Throughout his career, he has demonstrated expertise in strategic planning, mergers and acquisitions, and capital raising. He has managed accounting operations for global entities, implemented shared services, and developed and driven process improvements that have yielded significant cost savings and operational efficiencies. Prior to joining the Company as CFO, Mr. Holbrook served as the advisor to the CEO from March to August 2024. While in this role, he led the Company's accounting, finance, and treasury functions, helped the Company complete its de-SPAC combination in March 2024, and built out external reporting processes. Before joining our Company, Mr. Holbrook served as the CFO of Hawx Pest Contr
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Description 10.1 Employment Agreement, dated August 19, 2024, by and between the Company and Cannon Holbrook 99.1 Earnings Release, dated August 20, 2024 99.2 Press Release, dated August 20, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL) 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 20, 2024 Zeo Energy Corp. By: /s/ Timothy Bridgewater Name: Timothy Bridgewater Title: Chief Executive Officer and Chief Financial Officer 4