4//SEC Filing
CENAQ Sponsor LLC. 4
Accession 0001213900-23-012138
CIK 0001841425other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 4:57 PM ET
Size
6.9 KB
Accession
0001213900-23-012138
Insider Transaction Report
Form 4
CENAQ Sponsor LLC.
10% Owner
Transactions
- Disposition to Issuer
Private Placement Warrants
2023-02-15−2,475,000→ 2,475,000 totalExercise: $11.50→ Class A Common Stock (2,475,000 underlying)
Footnotes (3)
- [F1]In connection with the consummation of the business combination between the Issuer, Verde Clean Fuels OpCo, LLC, Bluescape Clean Fuels Holdings, LLC, Bluescape Clean Fuels Intermediate Holdings, LLC and CENAQ Sponsor LLC ("Sponsor") on February 15, 2023 (the "Business Combination"), 2,475,000 of the Sponsor's private placement warrants were forfeited by the Sponsor to the Issuer for no consideration.
- [F2]The warrants will become exercisable 30 days after the completion of the Business Combination. The warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation, as described in the prospectus for the Issuer's initial public offering.
- [F3]The Sponsor is the record holder of the shares reported herein. John B. Connally III, J. Russell Porter and Michael J. Mayell are the members of the board of managers of the Sponsor. Each of Messers. Connally, Porter and Mayell may be deemed to have or share beneficial ownership of the securities held directly by the Sponsor. Each such person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
CENAQ Energy Corp.
CIK 0001841425
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001841320
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 4:57 PM ET
- Size
- 6.9 KB