AleAnna, Inc.

NYSE:ANNA · 11 story beats from 2021 to 2024

What it holds, and what it is worth

Gradizza

1bcf gas

reserve · P90 0.703 / P50 0.703 / P10 0.703

Valued at: AleAnna, Inc. 100% of volumes already stated netPermit: GRADIZZA FIELD

Assume farm-out, keeps%Phase

2 notes for review

gas: no best estimate stated; P50 taken as 0.703 from the low case
gas: high case not stated; set equal to P50

Potential resourceP50Geological probability50%Development chance50%

50%

Probability of

bcf

100.0%

Value retained

$281,200.00

AUD

Leverage per instrument

Include cash & other assets

NYSE:ANNA

$2.65 → $0.04

The story so far

The events that changed the company's story, in plain English, each written against everything known about the company at the time. The dot shows whether it was good, bad or neutral for shareholders.

shares on issue market cap (log scale)

20244.6m shares · US$51.8m market cap

19 Dec
The AleAnna merger closed: Swiftmerge became AleAnna, Inc., began trading on Nasdaq as ANNA/ANNAW, and issued roughly 65.1 million shares to AleAnna Energy's former owners - only 1.16 million shares were redeemed this time, a fraction of the 20+ million that had threatened to bail in 2023, finally completing a business combination nearly three years after the SPAC's IPO.
business combination
4.6m shUS$51.8m
13 Dec
the exchange certified AleAnna, Inc.'s securities for listing, clearing them to begin trading.
listing compliance notice
4.6m shUS$51.8m
13 Dec
AleAnna, Inc.'s exchange filed to remove a class of its securities from listing.
listing compliance notice
4.6m shUS$51.8m
13 Dec
AleAnna, Inc. deregistered its securities, ending its obligation to file reports with the SEC.
listing compliance notice
4.6m shUS$51.8m
5 June
Swiftmerge signed a new merger agreement, this time with AleAnna Energy, LLC - an Italian natural gas business - agreeing to domesticate as a Delaware company, rename itself AleAnna, Inc., and issue about 65.1 million shares to AleAnna's owners.
business combination
15 Feb
The HDL Therapeutics merger fell apart: the two sides mutually terminated the agreement in February 2024 with no termination fee owed either way, leaving Swiftmerge back without a deal.
business combination

2023

11 Aug
Swiftmerge finally found a merger target: a $400 million deal to combine with HDL Therapeutics, Inc., a Delaware healthcare company, in a cash-and-stock transaction.
business combination
12 June
Ahead of the extension vote, holders of over 20.5 million Class A shares - roughly the entire public float - requested redemption at about $10.39/share, a mass exodus that Swiftmerge tried to soften by giving investors until June 19 to reverse their redemption requests.
business combination
9 June
Swiftmerge asked shareholders to push its deadline to complete a business combination out from June 2023 to March 2024, having not yet found a target more than 18 months after its IPO.
material agreement

2021

23 Dec
Swiftmerge Acquisition Corp. (later AleAnna, Inc.) completed its $200 million IPO as a blank-check company, listing on Nasdaq (IVCPU/IVCP/IVCPW) with the proceeds held in trust to fund a future acquisition.
business combination
14 Dec
the exchange certified AleAnna, Inc.'s securities for listing, clearing them to begin trading.
listing compliance notice