EGH Acquisition Corp. details Hecate merger at $800 million pre-money equity value
EGH Acquisition Corp. filed a transcript of a February 5, 2026 investor presentation by Hecate Energy Group, its proposed merger partner, as Regulation FD disclosure. The presentation gave a high-level transaction overview, and the companies said they expect the deal to close later this summer, subject to a shareholder vote that has not yet been held.
Key points
- Hecate's pre-money equity value is $800 million, with an implied post-money enterprise value of roughly $1.28 billion including estimated net debt.
- Hecate shareholders are expected to own approximately 80% of the combined company, assuming no redemptions by EGH public shareholders.
- Hecate cited $686 million of future receipts from signed sales contracts and an estimated 2026 adjusted EBITDA of $115 million.
- The companies expect the transaction to close later this summer; the proxy statement and EGH shareholder vote are still pending.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.