Keo Capital signs LOI to merge KEO Energy with Lionheart Holdings in deal valuing KEO at USD 400 million

Lionheart Holdings Class A

Lionheart Holdings Class A

CUB

0.00
  • Keo Capital signed a non-binding LOI dated July 15, 2026 for KEO Energy to combine with Lionheart Holdings in a Nasdaq listing deal.
  • Transaction would place both shareholder groups into a newly formed holding company, expected to list on Nasdaq’s Capital Market tier.
  • LOI sets a preliminary indicative pre-money enterprise value for KEO Energy of USD 400 million, subject to due diligence and Venezuelan fiscal terms.
  • KEO Energy’s main asset is an indirect stake in a venture holding interests in Venezuela’s PetroUrdaneta Project.
  • Parties are targeting a definitive agreement by Aug. 17, 2026; post-close board planned at six directors split evenly between the two sides.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keo Capital AB published the original content used to generate this news brief on July 20, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.