0001013762-23-006960.txt : 20231026
0001013762-23-006960.hdr.sgml : 20231026
20231026163040
ACCESSION NUMBER: 0001013762-23-006960
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230621
FILED AS OF DATE: 20231026
DATE AS OF CHANGE: 20231026
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CENAQ Sponsor LLC.
CENTRAL INDEX KEY: 0001841320
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40743
FILM NUMBER: 231350565
BUSINESS ADDRESS:
STREET 1: 4550 POST OAK PLACE DRIVE
STREET 2: SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77027
BUSINESS PHONE: (713) 820-6300
MAIL ADDRESS:
STREET 1: 4550 POST OAK PLACE DRIVE
STREET 2: SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77027
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Verde Clean Fuels, Inc.
CENTRAL INDEX KEY: 0001841425
STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860]
IRS NUMBER: 851863331
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 600 TRAVIS STREET
STREET 2: SUITE 5050
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 469-398-2200
MAIL ADDRESS:
STREET 1: 600 TRAVIS STREET
STREET 2: SUITE 5050
CITY: HOUSTON
STATE: TX
ZIP: 77002
FORMER COMPANY:
FORMER CONFORMED NAME: CENAQ Energy Corp.
DATE OF NAME CHANGE: 20210120
4
1
ownership.xml
X0508
4
2023-06-21
0
0001841425
Verde Clean Fuels, Inc.
VGAS
0001841320
CENAQ Sponsor LLC.
4550 POST OAK PLACE DR.
SUITE 300
HOUSTON
TX
77027
0
0
1
0
0
Class A Common Stock
2023-08-25
4
J
0
54874
D
3432626
D
Class A Common Stock
2023-08-25
4
J
0
198251
D
3234375
D
Private Placement Warrants
11.5
2023-06-21
4
J
0
2475000
D
Class A Common Stock
2475000
0
D
On August 25, 2023, the Reporting Person transferred to various third parties a total of 54,874 shares of the Issuer's Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), representing a "make-whole" amount in connection with such third parties purchasing shares of Class A Common Stock at the per share redemption price of approximately $10.31 per share from the Issuer's redeeming stockholders prior to the completion of the business combination between the Issuer, Verde Clean Fuels OpCo, LLC, Bluescape Clean Fuels Holdings, LLC, Bluescape Clean Fuels Intermediate Holdings, LLC and the Reporting Person on February 15, 2023 (the "Business Combination") in lieu of their agreements to purchase shares of Class A Common Stock for $10.00 per share in a private placement.
The Reporting Person is the record holder of the securities reported herein. J. Russell Porter is the sole member of the board of managers of the Reporting Person. Messr. Porter may be deemed to have or share beneficial ownership of the securities held directly by the Reporting Person and disclaims any such beneficial ownership of such securities except to the extent of his pecuniary interest therein.
On August 25, 2023, the Reporting Person effectuated a pro rata distribution of 198,251 shares of Class A Common Stock previously held by the Reporting Person to its members.
On June 21, 2023, the Reporting Person effectuated a pro rata distribution of 2,475,000 private placement warrants to its members (the "Distribution").
The warrants became exercisable on March 17, 2023, 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.
The Reporting Person is the record holder of the securities reported herein. J. Russell Porter is the sole member, and at the time of the Distribution, John B. Connally III and Michael J. Mayell were members, of the board of managers of the Reporting Person. Each of Messrs. Connally, Porter and Mayell may be deemed to have or share beneficial ownership of the securities held directly by the Reporting Person. Each such person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein.
CENAQ Sponsor LLC /s/ J. Russell Porter Chief Executive Officer
2023-10-26