InvestmentAug 7, 2026, 04:04 PM
Presidio Production Details Recent Capital Raises & Acquisition
AI Summary
Presidio Production Co. detailed recent sales of unregistered securities, including shares issued for the Canyon Creek Acquisition and various financing rounds. The company raised $87.5 million through PIPE financing, $125 million from Series A Preferred Stock, and $27.173 million from Series B Preferred Stock, all in connection with a business combination. The filing also outlined provisions for the indemnification of directors and officers and estimated expenses for the registration of securities.
Key Highlights
- SEC registration fee for issuance and distribution is $3,181.37.
- Issued 1,930,156 and 32,084 Class A shares for Canyon Creek Acquisition.
- Sponsor purchased Founder Shares for $25,000 and 400,000 private placement units for $4,000,000.
- PIPE Financing issued 8,750,000 Class A shares for $87,500,000.
- Issued 125,000 Series A Preferred shares at $1,000 each, totaling $125,000,000.
- Issued 27,173 Series B Preferred shares at $1,000 each, totaling $27,173,000.
- Directors and officers are indemnified to the fullest extent permitted by Delaware law.
Price Impact
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