Common Stock PIPE (and Served as Financial Advisor in the Closing of Business Combination with Flame Acquisition Corp. – NYSE:FLME)
Sable Offshore Corp (NYSE:SOC) is formed to acquire the Santa Ynez oil field in Federal waters off the California coast and associated onshore processing and pipeline assets from Exxon Mobil and Mobil Pacific Pipeline Company for $625 million.
Flame Acquisition Corp. is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in North America.