Hecate Energy and EGH confirm progress toward Nasdaq listing and expect business combination close in Q1 2027

M&A EGH Acquisition Corp. Sep 2

Key litigation involving Hecate Energy's lenders has been resolved, removing a hurdle to the planned SPAC merger and allowing the company to proceed with its intended Q1 2027 closing on Nasdaq under ticker HCTE. The proposed transaction values the company at approximately $1.2 billion.