Ticker LaunchReverse merger · Completed · DBRM
Reabold California LLC (owned by Gaelic Resources Ltd)
Reverse merger with Daybreak Oil and Gas, Inc. (DBRM)
Reabold California LLC (owned by Gaelic Resources Ltd) merged into Daybreak Oil and Gas, Inc. (DBRM), a OTC Pink-listed oil and gas company, in a reverse merger that takes the private company public. The deal was announced on Oct 21, 2021 and closed on May 26, 2022. The combined company trades as Daybreak Oil and Gas, Inc. (DBRM) on OTC.
Daybreak Oil and Gas operates oil and gas assets in California, including Reabold California, which owns a 50% working interest in and operates 10 producing wells in the Sacramento Basin. Gaelic Resources, the former owner, became its largest shareholder.
- Status
- Completed
- Private company
- Reabold California LLC (owned by Gaelic Resources Ltd)
- Public company
- Daybreak Oil and Gas, Inc. (DBRM)
- Public company business before
- OTC Pink-listed oil and gas company
- Announced
- Oct 21, 2021
- Closed
- May 26, 2022
- Combined company
- Daybreak Oil and Gas, Inc. (DBRM)
- Exchange
- OTC
- Sector
- Energy
More on this deal for subscribers
- Ownership split between private and public holders
- Analyst notes from the filings
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Filings
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