Sable Offshore Corp. Files 8-K with Stock and Warrant Details
Ticker: SOC · Form: 8-K · Filed: Oct 3, 2024 · CIK: 1831481
Sentiment: neutral
Topics: corporate-filing, stock-details, warrants
TL;DR
Sable Offshore Corp. 8-K: Stock details and $11.50 warrants filed Oct 3.
AI Summary
Sable Offshore Corp. filed an 8-K on October 3, 2024, reporting other events and financial statements. The company, formerly known as Flame Acquisition Corp. until November 5, 2020, is incorporated in Delaware and headquartered in Houston, Texas. The filing details common stock with a par value of $0.0001 per share and warrants exercisable for one share of common stock at $11.50 per share.
Why It Matters
This filing provides updated corporate information and details on the company's capital structure, including common stock and warrants, which are crucial for investors to understand their potential ownership and dilution.
Risk Assessment
Risk Level: low — This is a routine filing providing corporate and financial structure information, not indicating any immediate operational or financial distress.
Key Numbers
- $0.0001 — Common Stock Par Value (Represents the nominal value assigned to each share of common stock.)
- $11.50 — Warrant Exercise Price (The price at which holders can purchase one share of common stock using a warrant.)
Key Players & Entities
- Sable Offshore Corp. (company) — Registrant
- Flame Acquisition Corp. (company) — Former company name
- October 3, 2024 (date) — Date of earliest event reported
- November 5, 2020 (date) — Date of name change
- Delaware (jurisdiction) — State of incorporation
- Houston, Texas (location) — Business address city and state
- $0.0001 (dollar_amount) — Par value per share of common stock
- $11.50 (dollar_amount) — Exercise price per share for warrants
FAQ
What is the primary purpose of this 8-K filing for Sable Offshore Corp.?
The primary purpose is to report other events and financial statements, including details about the company's common stock and warrants.
When was Sable Offshore Corp. formerly known by another name?
Sable Offshore Corp. was formerly known as Flame Acquisition Corp. until November 5, 2020.
What is the par value of Sable Offshore Corp.'s common stock?
The par value of Sable Offshore Corp.'s common stock is $0.0001 per share.
What is the exercise price for the warrants issued by Sable Offshore Corp.?
The exercise price for the warrants is $11.50 per share, with each warrant exercisable for one share of common stock.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on October 3, 2024.
Filing Stats: 598 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-10-03 17:25:03
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share SOC The New York Stock Ex
- $11.50 — of Common Stock at an exercise price of $11.50 per share SOC.WS The New York Stock
Filing Documents
- d899227d8k.htm (8-K) — 29KB
- d899227dex991.htm (EX-99.1) — 10KB
- d899227dex992.htm (EX-99.2) — 19KB
- 0001193125-24-232360.txt ( ) — 232KB
- soc-20241003.xsd (EX-101.SCH) — 4KB
- soc-20241003_def.xml (EX-101.DEF) — 14KB
- soc-20241003_lab.xml (EX-101.LAB) — 24KB
- soc-20241003_pre.xml (EX-101.PRE) — 15KB
- d899227d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description of Exhibits 99.1 Press release, dated October 3, 2024 99.2 Notice of Redemption, dated October 3, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE 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. Sable Offshore Corp. Date: October 3, 2024 By: /s/ Gregory D. Patrinely Name: Gregory D. Patrinely Title: Executive Vice President and Chief Financial Officer 3