ADDED
As of March 27, 2026, there were 22,049,621 shares of Class A common stock and 22,500,000 shares of Class C common stock of the registrant outstanding.
Failure to comply with such laws and regulations could result in substantial fines or other limitations that could adversely impact our financial results or operations; Increased geopolitical uncertainty, including as a result of evolving domestic and foreign tariff policies, may adversely affect us by increasing the costs of our business; and From time to time, we may be involved in litigation (including the current claim as discussed in Item 3.
Legal Proceedings), regulatory actions or government investigations and inquiries, which could have an adverse impact on our financial results and consolidated financial position.
Risks Related to Ownership of Our Securities and Our Capital Structure We are a controlled company within the meaning of Nasdaq Capital Market rules and, as a result, qualify for exemptions from certain corporate governance requirements, and as a result, you do not have the same protections afforded to stockholders of companies that are not exempt from such corporate governance requirements; and We will be required to make payments under the Tax Receivable Agreement (as defined below) and the amounts of such payments could be significant.
( we, us, our, Verde, Verde Clean Fuels or the Company ) owns an innovative and proprietary gas-to-liquids processing technology capable of converting low-value or stranded feedstocks into higher-value clean transportation fuels.
Our synthesis gas ( syngas )-to-gasoline plus (STG+ ) process is designed to convert syngas, derived from a variety of feedstocks, including natural gas and biomass, into fully finished liquid fuels that require no additional refining.
The STG+ technology is engineered for industrial-scale deployment and intended to be delivered in standardized modular units.
The technology has been validated through a fully integrated demonstration plant that has completed over 10,000 hours of operation.
We also have an office and demonstration plant in Hillsborough, New Jersey.
Our second largest stockholder is Cottonmouth Ventures, LLC ( Cottonmouth ).
REMOVED
As of March 28, 2025, there were 22,049,621 shares of Class A common stock and 22,500,000 shares of Class C common stock of the registrant outstanding.
The Company will not and does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
( we, us, our, Verde, Verde Clean Fuels or the Company ) is a clean fuels company focused on the deployment of our innovative and proprietary liquid fuels processing technology through development of commercial production plants.
Our synthesis gas ("syngas")-to-gasoline plus (STG+ ) process converts syngas, derived from diverse feedstocks, into fully finished liquid fuels that require no additional refining.
Verde is currently focused on identifying and evaluating opportunities to convert associated natural gas into gasoline, which is expected to provide a market for such natural gas with the added potential benefits of flare mitigation and production of gasoline with a lower carbon intensity than conventional gasoline.
We also have a demonstration plant (the "demonstration plant") and office in Hillsborough, New Jersey.
As of December 31, 2024, the Company is still in the process of developing its first commercial production facility and has not derived revenue from its principal business activities.
Development We acquired our STG+ technology from Primus Green Energy ( Primus ) in 2020, which was originally founded in 2007 and invested over $110 million in developing and demonstrating such technology, including the construction and operation of the demonstration plant.
Technology Our innovative and proprietary STG+ process converts syngas, derived from diverse feedstocks, such as natural gas or biomass, into fully finished liquid fuels.
Our process begins with syngas, consisting primarily of carbon monoxide and hydrogen, that is produced through conventional methods depending on the feedstock utilized.