Global Gas Corp

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 31, 2025

HGAS$0.100.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Changes in Stockholders’ Equity

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT

FOR THE YEAR ENDED DECEMBER 31, 2024 AND

*FOR THE PERIOD FROM FEBRUARY 16, 2023 (INCEPTION) TO DECEMBER 31, 2023 ***

Members’ · Common Stock · Additional · Total
Contribution · Class A · Class B · Subscription · Paid-in · Accumulated · Stockholders’
	Amount	Shares	Amount	Shares	Amount	Receivable	Capital	Deficit	Deficit
Balance – February 16, 2023 (inception)	$—	—	$—	—	$—	$—	$—	$—	$—
Members’ Contribution of Capital	12,500	—	—	—	—	—	—	—	12,500
Merger Recapitalization (Note 4)	(12,500)	—	—	4,300,000	430	—	12,070	—	—
Issuance of common stock upon Business Combination	—	4,488,642	449	—			(447,443)	—	(446,994)
Meteora Forward Purchase Agreement Shares	—	939,614	94	—		(2,608,141)	2,608,047	—	—
Net loss	—	—	—	—	—		—	(300,176)	(300,176)
Balance – December 31, 2023	—	5,428,256	$543	4,300,000	$430	(2,608,141)	$2,172,674	$(300,176)	$(734,670)
Forfeiture of Class B common stock	—	—	—	(1,600,000)	(160)		160	—	—
Proceeds from forward purchase agreement shares	—	—	—	—		275,000	—	—	275,000
Stock based compensation		1,050,000	105	—	—	—	144,375	—	144,480
Change in Fair value of forward purchase agreement shares	—	—	—	—	—	2,333,141	(2,317,209)	(15,932)	—
Net loss	—	—	—	—	—		—	(130,700)	(130,700)
Balance – December 31, 2024	—	6,478,256	$648	2,700,000	$270	—	$—	$(446,808)	$(445,890)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.