Filing Details

Accession Number:
0000950170-25-011937
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-01-31 19:03:50
Reporting Period:
2025-01-29
Accepted Time:
2025-01-31 19:03:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1841425 Verde Clean Fuels Inc. VGAS Crude Petroleum & Natural Gas (1311) DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1539838 Diamondback Energy, Inc. 500 West Texas Avenue, Suite 100
Midland TX 79701
No No No No
1590692 Diamondback Energy E&P Llc 500 West Texas Avenue, Suite 100
Midland TX 79701
No No No No
1966632 Cottonmouth Ventures Llc 500 West Texas Avenue, Suite 100
Midland TX 79701
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2025-01-29 12,500,000 $4.00 14,500,000 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
Footnotes
  1. Shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock") of Verde Clean Resources, Inc. (the "Issuer") purchased in a private transaction (the "PIPE Investment") pursuant to a Class A Common Stock Purchase Agreement by and between the Issuer and Cottonmouth Ventures LLC ("Cottonmouth"), a subsidiary of Diamondback Energy, Inc. ("Diamondback"). The closing of the PIPE Investment was subject to certain customary conditions to closing, including the mailing of an information statement to the Issuer's stockholders. The closing conditions were satisfied, and the PIPE Investment closed on January 29, 2025.
  2. This Form 4 is being filed by Diamondback, Diamondback E&P LLC ("Diamondback E&P"), and Cottonmouth (collectively, the "Reporting Persons"). Cottonmouth is wholly owned by Diamondback E&P and Diamondback E&P is wholly owned by Diamondback. Diamondback E&P, as the sole owner of Cottonmouth, and Diamondback, as the sole owner of Diamondback E&P, may be deemed to have voting and investment control over the shares held by Cottonmouth. This statement relates to shares of Class A Common Stock of Verde Clean Fuels, Inc. held by Cottonmouth.
  3. The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. For purposes of this filing, each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.