Company: VGASW
Filing Date: 2025-01-06
Form Type: DEF 14C
Source: 0001213900-25-000941
Chunk: 2

Company: Verde Clean Fuels, Inc.
Filing Date: 2025-01-06
Form: DEF 14C
Chunk 2
---
 Chief Executive Officer |

Houston, TX
January6, 2025

INFORMATION STATEMENT General In this Information Statement, unless the context otherwise requires, “we,” “our,” “us,” the “Company,” “Verde” and similar expressions refer to Verde Clean Fuels, Inc., a Delaware corporation. This Information Statement is being sent to inform our stockholders that we have obtained consent from the holder of a majority (the “Majority Holder”) of the outstanding shares of the Company’s Class A common stock, par value $.0001 per share (the “Class A Common Stock”), and Class C common stock, par value $0.0001 per share (the “Class C Common Stock,” and, together with the Class A Common Stock, the “Common Stock”), to amend and restate, immediately prior to and contingent upon the consummation of the closing of the recently announced PIPE Investment (as defined below) (the “Closing”), our Fourth Amended and Restated Certificate of Incorporation (the “Existing Charter”) to (i) increase the amount of authorized shares of Class C Common Stock from 25,000,000 to 26,000,000 (the “Share Increase”) and (ii) increase the size of our Board of Directors (the “Board”) from seven to eight and to provide that Cottonmouth Ventures LLC (“Cottonmouth”), together with any other Cottonmouth Stockholders (as defined in the Restated Charter (as defined below)), shall have the right to designate one director nominee and one observer to our Board for so long as the Cottonmouth Stockholders and their respective affiliates collectively beneficially own, in the aggregate, 10% or more of the then outstanding voting power of the Common Stock of the Company entitled to vote generally in the election of the Company’s directors (the amendments to the Existing Charter described in clause (ii), the “Purchaser Provisions”). This Information Statement is being sent on or about January8, 2025 to the Company’s stockholders of record as of December 20, 2024 (the “Record Date”). This Information Statement constitutes notice to our stockholders of corporate actions taken by our stockholders without a meeting as required by the General Corporation Law of the State of Delaware (the “DGCL”) and pursuant to Section 2.11 of the Company’s Amended and Restated Bylaws (the “Bylaws”). We will pay the costs of preparing and sending out the enclosed Notice and this Information Statement. The date of this