EGH Acquisition 10-K: $0 Revenue, Net Income $3.374M; EPS not presented
EGH Acquisition (EGHA) reported no operating revenues but a net income of $3.374 million, primarily from interest on trust account investments. As a blank-check company, it was formed to complete a business combination, specifically the Hecate transaction, and has until May 12, 2027, to close a deal. The company noted increased public-company costs in anticipation of the merger.
JAN 24·Solarbytes▲
Hecate Energy public listing planned through EGH Acquisition
Hecate Energy, a US-based developer of utility-scale energy parks, plans to go public on Nasdaq through a definitive business combination agreement with EGH Acquisition Corp. The transaction values Hecate at a pre-money enterprise value of $1.2 billion and is expected to close in mid-2026. Hecate's existing management team will continue to lead the combined company, which will trade under the ticker HCTE.
JAN 22·Weekly Voice→
Hecate Energy Group to Become Public Company Through Business Combination with EGH Acquisition Corp.
Hecate Energy Group LLC, an independent energy infrastructure developer, announced a definitive business combination agreement with EGH Acquisition Corp. This agreement will result in Hecate becoming a public company, listed on Nasdaq under the ticker symbol "HCTE". The announcement was made from Chicago on January 22, 2026.