M&A - STEINBERG JOSEPH S
Form Type: SCHEDULE 13D/A
Filing Date: 2025-03-11
Corporate Action: Merger
Type: Update
Accession Number: 000110465925022565
Filing Summary: This Amendment No. 2 to Schedule 13D provides an update on the ownership structure following the completion of a merger between Vitesse Energy, Inc. and Lucero Energy Corp. on March 7, 2025. Under the Arrangement Agreement, Vitesse acquired all issued Lucero Shares in exchange for Vitesse Common Stock. Each Lucero Share transferred equated to 0.01239 shares of Vitesse Common Stock. Post-merger, the outstanding shares of Vitesse increased by 8,169,368, raising the total to 38,578,409 shares. Consequently, Joseph S. Steinberg's ownership percentage dropped to 7.4%, with a total of 2,863,591 shares held as of March 10, 2025, inclusive of various trust holdings and restricted stock units.
Additional details:
Vitesse Common Stock Outstanding: 38578409
Merger Effective Date: 2025-03-07
Lucero Shares Exchange Ratio: 0.01239
Reporting Person Ownership: 2863591
Reporting Person Percentage Ownership: 7.4
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