TroyGould client Pyramid Oil Company announced on February 6, 2014 that it has entered into an Agreement and Plan of Merger and Reorganization with privately held Yuma Energy, Inc., for an all-stock transaction. Upon completion of the transaction, which is subject to the approval of stockholders of both companies, Pyramid will change its name to "Yuma Energy, Inc.," and relocate its headquarters to Houston, Texas, while maintaining offices in Bakersfield to oversee its California operations.
In connection with the proposed transaction, Pyramid intends to file with the SEC a registration statement on Form S-4 that will include a proxy statement of Pyramid that also constitutes a prospectus of Pyramid relating to Pyramid common stock to be issued pursuant to the merger.
The Merger Agreement and the transactions contemplated under the Merger Agreement are described in greater detail in a Form 8-K filed by Pyramid on February 6, 2014.
The TG team on the merger, led by Bill Gould, includes Members Marc Brown, Marty Goldblum, and associate Darren Freedman.