Vitesse Energy, Inc. Files Amendment to Annual Report

TL;DR

<b>Vitesse Energy, Inc. has filed an amendment to its 2023 annual report, providing updated information for its common stock trading on the NYSE.</b>

AI Summary

Vitesse Energy, Inc. (VTS) filed a Amended Annual Report (10-K/A) with the SEC on May 7, 2024. Vitesse Energy, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. The company is incorporated in Delaware and its principal executive offices are located in Greenwood Village, Colorado. Vitesse Energy, Inc. is registered with the SEC under file number 001-41546. The company's common stock trades on The New York Stock Exchange under the ticker symbol VTS. Vitesse Energy, Inc. is classified as an emerging growth company and a non-accelerated filer.

Why It Matters

For investors and stakeholders tracking Vitesse Energy, Inc., this filing contains several important signals. This amendment indicates that Vitesse Energy, Inc. is providing updated or corrected information for its fiscal year 2023, which could impact investor understanding of its financial and operational status. As an emerging growth company and non-accelerated filer, Vitesse Energy's filings may be subject to different disclosure requirements, which investors should be aware of when analyzing the report.

Risk Assessment

Risk Level: low — Vitesse Energy, Inc. shows low risk based on this filing. The filing is an amendment to a previous report, suggesting potential corrections or additions rather than new material events, thus posing a low risk.

Analyst Insight

Review the specific changes made in this 10-K/A filing to understand any updated financial or operational details for Vitesse Energy, Inc.

Key Numbers

• 2023-12-31 — Fiscal Year End (Report period)
• 2024-05-07 — Filing Date (Date of amendment filing)

Key Players & Entities

• Vitesse Energy, Inc. (company) — Registrant name
• The New York Stock Exchange (company) — Exchange where common stock is registered
• VTS (company) — Trading symbol for common stock
• Delaware (company) — State of incorporation
• Greenwood Village, Colorado (company) — Principal executive offices location
• 001-41546 (regulator) — Commission File Number

FAQ

Industry Context

Vitesse Energy, Inc. operates in the Crude Petroleum & Natural Gas industry.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Section 13 or 15(d), and adheres to SEC regulations for annual reports and amendments.

What Investors Should Do

1. Review the specific amendments made in the 10-K/A filing for any material changes.
2. Verify the company's status as an emerging growth company and non-accelerated filer for disclosure context.
3. Monitor future filings for any further updates or disclosures from Vitesse Energy, Inc.

Key Dates

• 2023-12-31: Fiscal Year End — End of the reporting period for the annual report.
• 2024-05-07: Filing Date — Date the amendment (10-K/A) was filed with the SEC.

Year-Over-Year Comparison

This is an amendment (10-K/A) to the previously filed annual report for the fiscal year ended December 31, 2023.

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share VTS The New York Stock Exchan

Filing Documents

• vitesse-20231231.htm (10-K/A) — 85KB
• exhibit311certificationa20.htm (EX-31.1) — 9KB
• exhibit312certificationa20.htm (EX-31.2) — 9KB
• 0001944558-24-000067.txt (&nbsp;) — 304KB
• vitesse-20231231.xsd (EX-101.SCH) — 2KB
• vitesse-20231231_lab.xml (EX-101.LAB) — 35KB
• vitesse-20231231_pre.xml (EX-101.PRE) — 20KB
• vitesse-20231231_htm.xml (XML) — 5KB

Controls and Procedures

Item 9A. Controls and Procedures Evaluation of Disclosure Controls and Procedures Our management, under the supervision of our principal executive officer and principal financial officer, performed an evaluation (the "Evaluation") of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of the end of the period covered by this Annual Report. Disclosure controls and procedures include, without limitation, controls and procedures designed to provide a reasonable level of assurance that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms, and is accumulated and communicated to our management, including our principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure. We inadvertently failed to include management's annual report on internal control over financial reporting and related certification in the Annual Report. Previously, we relied on an exemption established by the SEC for newly public companies that allowed us to exclude management's report on internal control over financial reporting and related certification. As further explained in the Explanatory Note, we have amended this Annual Report to now include our management's report on internal control over financial reporting and related certification. In light of the foregoing inadvertent omission of the management's report and related certification, our principal executive officer and principal financial officer concluded that our disclosure controls and procedures were not effective at the reasonable assurance level as of December 31, 2023. Management has remediated the inadvertent omissions in connection with filing the Amendment. Changes in Internal Control over F

Exhibits, Financial Statement Schedules

Item 15. Exhibits, Financial Statement Schedules (a)(3) Exhibits. Exhibit No. Description Reference 2.1* Separation and Distribution Agreement, dated as of January 13, 2023, by and among Jefferies Financial Group Inc., Vitesse Energy Finance LLC, Vitesse Energy, Inc., and the other signatories listed therein Incorporated by reference to Exhibit 2.1 to Form 8-K filed January 17, 2023, File No. 001-41546 3.1 Amended and Restated Certificate of Incorporation of Vitesse Energy, Inc. Incorporated by reference to Exhibit 3.1 to Form 8-K filed January 17, 2023, File No. 001-41546 3.2 Amended and Restated Bylaws of Vitesse Energy, Inc. Incorporated by reference to Exhibit 3.2 to Form 8-K filed January 17, 2023, File No. 001-41546 4.1 Description of Vitesse Energy, Inc.'s Common Stock Filed with the Original Report on February 26, 2024 10.1 Tax Matters Agreement, dated as of January 13, 2023, between Jefferies Financial Group Inc. and Vitesse Energy, Inc. Incorporated by reference to Exhibit 10.1 to Form 8-K filed January 17, 2023, File No. 001-41546 10.2* Second Amended and Restated Credit Agreement, dated as of January 13, 2023, among Vitesse Energy, Inc., as borrower, Wells Fargo Bank, N.A., as administrative agent, and the lenders party thereto Incorporated by reference to Exhibit 10.2 to Form 8-K filed January 17, 2023, File No. 001-41546 10.3 First Amendment to Second Amended and Restated Credit Agreement dated as of May 2, 2023, among Vitesse Energy, Inc., as borrower, Wells Fargo Bank, N.A., as administrative agent, and the lenders party thereto Incorporated by reference to Exhibit 10.3 to Form 10-Q filed May 8, 2023, File No. 001-41546 10.4 Vitesse Energy, Inc. Long-Term Incentive Plan Incorporated by reference to Exhibit 10.3 to Form 8-K filed January 17, 2023, File No. 001-41546 10.5* Vitesse Energy, Inc. Transitional Equity Award Adjustment Plan* Incorporated by reference to Exhibit 10.4 to Form 8-K filed January 17, 2023, File No. 001-41546

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Vitesse Energy, Inc. Date: May 7, 2024 By: /s/ Robert W. Gerrity Name: Robert W. Gerrity Title: Chairman, Chief Executive Officer

View Full Filing

View this 10-K/A filing on SEC EDGAR