13 Jan 2020substantial holder notice● Neutral
Elliott Associates, L.P, Elliott International, L.P, Elliott International Capital Advisors Inc reported no remaining Pressburg, LLC shareholding in its periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Dec 2019listing compliance notice▼ BadMajor
Pressburg, LLC terminated the registration of a class of securities, ending its reporting obligation for them.
13 Dec 2019substantial holder notice● Neutral
JVL Advisors, LLC, John V. Lovoi, Roan Holdings, LLC, Michael P. Raleigh, Paul B. Loyd, Jr, RH Debt Fund, L.P, Luxiver WI, LP, Navitas Fund, LP, Hephaestus Energy Fund, LP, Children's Energy Fund, LP, LVPU, LP, Asklepios Energy Fund, LP, Panakeia Energy Fund, LP, Blackbird reported no remaining Pressburg, LLC shareholding in its periodic institutional filing.
6 Dec 2019listing compliance notice▼ BadMajor
Completed the merger with Citizen Energy: each share of Roan Resources common stock was cancelled and converted into $1.52 cash, and the company became a wholly owned subsidiary of Citizen -- the end of Roan's public existence.
6 Dec 2019securities registration● Neutral
Pressburg, LLC amended an already-effective registration statement.
6 Dec 2019listing compliance notice● NeutralMajor
Pressburg, LLC's exchange filed to remove a class of its securities from listing.
6 Dec 2019business combination▼ BadMajor
Converted from Roan Resources, Inc. into a Delaware LLC renamed Pressburg, LLC upon closing the Citizen Energy merger, and Citizen's parent entities took on a new $725 million credit facility to help fund the acquisition -- the final corporate identity this entity would carry, tracing back to Linn Energy's 2006 IPO.
6 Dec 2019securities registration● Neutral
Pressburg, LLC amended an already-effective registration statement.
4 Dec 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
4 Dec 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
27 Nov 2019business combination● Neutral
Filed its merger proxy statement and disclosed shareholder lawsuits challenging the Citizen Energy acquisition -- standard M&A litigation that did not derail the deal.
27 Nov 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
27 Nov 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
6 Nov 2019quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $133.1 million and net income of $19.3 million for the period ended 2019-09-30.
6 Nov 2019quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $133.1 million and net income of $19.3 million for the period ended 2019-09-30.
4 Nov 2019business combination● NeutralMajor
Roan Resources filed its final proxy statement, dated November 4, 2019, calling a special stockholder meeting for December 4, 2019 in Oklahoma City to vote on the October 1, 2019 merger with Citizen Energy Operating at $1.52 in cash per share. This firms up the blank meeting date in the October 25 preliminary proxy; the board unanimously recommends approval, and holders of about 77% of shares are bound by voting agreements, so the filing says approval is assured unless the agreement is terminated or the board changes its recommendation. Holders of record on October 28, 2019 can vote, and shares not voted count the same as votes against. Shares of holders who do not vote in favor and properly demand appraisal under Delaware law are excluded from the cash conversion.
30 Oct 2019material agreement▼ Bad
Amended its credit agreement to postpone a scheduled borrowing-base redetermination to January 2020, buying time to close the pending Citizen Energy merger.
30 Oct 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
30 Oct 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
25 Oct 2019business combination● NeutralMajor
Roan Resources filed a preliminary proxy statement for a special shareholder meeting to vote on the October 1, 2019 agreement to be acquired by Citizen Energy Operating for $1.52 in cash per share, a deal valued at up to about $236.3 million. The board unanimously recommends approval, and holders of about 77% of the shares have signed voting agreements to vote in favor, so approval is described as assured unless the agreement is terminated or the board changes its recommendation. The meeting date is blank in this preliminary version.
11 Oct 2019substantial holder notice● Neutral
JVL Advisors, LLC, John V. Lovoi, Roan Holdings, LLC, Michael P. Raleigh, Paul B. Loyd, Jr, RH Debt Fund, L.P, Luxiver WI, LP, Navitas Fund, LP, Hephaestus Energy Fund, LP, Children's Energy Fund, LP, LVPU, LP, Asklepios Energy Fund, LP, Panakeia Energy Fund, LP, Blackbird disclosed a new substantial Pressburg, LLC shareholding (50.87% of votes).
1 Oct 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
1 Oct 2019business combination▼ BadMajor
Agreed on October 1, 2019 to be acquired by Citizen Energy Operating for $1.52 in cash per share. The buyer has $515 million of Warburg Pincus equity and $725 million of debt financing committed, and the deal is conditioned on Roan's debt being at or below $760 million.
1 Oct 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
23 Sept 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
23 Sept 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
23 Sept 2019material agreement▼ Bad
Amended its credit agreement to permit disposing of wellbore rights and to segregate the proceeds -- continued covenant maneuvering amid ongoing financial pressure.
8 Aug 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
8 Aug 2019securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
7 Aug 2019quarterly activities report● Neutral
Pressburg, LLC reported quarterly revenue of $134.2 million and net income of $27.2 million for the period ended 2019-06-30.