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Kirkland Advises Verde Clean Fuels on $50 Million Equity Investment by Cottonmouth Ventures, a Diamondback Subsidiary
December 21, 2024
CHICAGO, Illinois, Dec. 21 -- Kirkland and Ellis, a law firm, issued the following news release:

Kirkland & Ellis advised Verde Clean Fuels, Inc. (NASDAQ: VGAS) on its entry into a stock purchase agreement with Cottonmouth Ventures LLC, a wholly-owned subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG), for a $50 million equity investment by Cottonmouth into Verde.

The investment consists of the purchase of 12.5 million shares of Verde's Class A common stock . . .

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