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~ Force's Proprietary Rental Tools Used By Blue Chip Oil and Gas Operators ~ ~ Force Grew Revenues by 87% in 2022 to $163M and Expected to Grow by 25% in 2023 to $205M ~~ Transaction Provides Force Capital to Expand Presence in Additional Basins ~~ Closing of the Transaction Requires No Minimum Cash Condition ~~ Stratim Management to Join Newly Combined Company's Board of Directors ~ Reno, NV, March 22, 2023 (GLOBE NEWSWIRE) -- Stratim Cloud Acquisition Corp. ("SCAC") (NASDAQ:SCAQ) a publicly traded special purpose acquisition company ("SPAC"), and Force Pressure Control, LLC ("Force," or the "Company"), a profitable, vertically integrated provider of services to the oil & gas
~ Binding Letter of Intent Represents Confidence Towards De-SPAC Transaction ~ Reno, NV, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Stratim Cloud Acquisition Corp. ("SCAC") (NASDAQ:SCAQ) a publicly traded special purpose acquisition company, today announced the signing of a binding letter-of-intent ("LOI") for a business combination with the identified target, Force Pressure Control, LLC ("Force" or the "Company"), a profitable, growing company in the attractive energy services market. Force provides pressure control related rental tools and services required during frac and flowback well operations. The Company designs and assembles proprietary equipment that provides superior solutions fo
Incline Village, Nevada, May 28, 2021 (GLOBE NEWSWIRE) -- On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the U.S. Securities and Exchange Commission (the "SEC") together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled "Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (‘SPACs')" (the "SEC Staff Statement"). As previously disclosed, given the scope of the process for determining the appropriate accounting treatment of its outstanding warrants in accordance with the SE
3 - Stratim Cloud Acquisition Corp. (0001821812) (Issuer)
3 - Stratim Cloud Acquisition Corp. (0001821812) (Issuer)
4 - Stratim Cloud Acquisition Corp. (0001821812) (Issuer)
15-12G - Stratim Cloud Acquisition Corp. (0001821812) (Filer)
25-NSE - Stratim Cloud Acquisition Corp. (0001821812) (Subject)
8-K - Stratim Cloud Acquisition Corp. (0001821812) (Filer)
SC 13G/A - Stratim Cloud Acquisition Corp. (0001821812) (Subject)
SC 13G/A - Stratim Cloud Acquisition Corp. (0001821812) (Subject)
SC 13G/A - Stratim Cloud Acquisition Corp. (0001821812) (Subject)