Victory Clean Energy, INC

Market Movers (8-K)

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Victory Clean Energy has announced the resignation of its CEO and COO, along with new employment agreements for two other executives.
Worse than expected
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Victory Clean Energy has appointed David Voyticky, a seasoned finance professional, to its board of directors, effective October 1, 2024.
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Victory Clean Energy has entered into agreements with Proton Power to acquire exclusive rights to hydrogen production technology for $100 million, payable over five years.
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Victory Clean Energy has appointed Astra Audit & Advisory LLC as its new independent auditor, replacing Accell Audit & Compliance, effective June 27, 2024.
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H2 Energy Group's audited financials reveal significant losses and raise substantial doubt about its ability to continue as a going concern, despite a recent merger with Victory Oilfield Tech.
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Capital raise
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Victory Oilfield Tech's subsidiary, H2 Energy Group, is disputing a compensation claim from Castle Placement regarding a terminated financial advisory agreement.

Quarterly Earnings (10-Q)

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Victory Clean Energy, formerly Victory Oilfield Tech, reports its Q3 2024 results, reflecting a significant transformation following a merger and strategic shift towards green hydrogen.
Worse than expected
Capital raise
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Victory Clean Energy, formerly Victory Oilfield Tech, reports its second quarter 2024 results, reflecting a significant transformation following a merger and strategic shift towards green hydrogen.
Worse than expected
Capital raise
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Victory Clean Energy, formerly Victory Oilfield Tech, reports its first quarter 2024 results, highlighting a significant net loss due to merger-related expenses and a strategic shift towards green hydrogen production.
Worse than expected
Capital raise

Annual Reports (10-K)

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Victory Clean Energy, formerly Victory Oilfield Tech, has completed a merger with H2 Energy Group and divested its oilfield services business, pivoting to focus on green hydrogen production.
Capital raise
Worse than expected