Sable Offshore Corp. (NYSE: SOC), an Emerging Growth Company incorporated in Delaware, filed an 8-K on November 3, 2025, detailing a significant amendment to its Senior Secured Term Loan with Exxon Mobil Corp., contingent upon securing \(\ge \\)225.0\( million in net equity contributions. If effective, the interest rate on the loan increases from 10% to 15% annually (with a potential Pay-In-Kind election), the maturity is extended (max term March 31, 2027), and a new monthly liquidity covenant requires maintaining \)\ge $25.0$ million in unrestricted cash. Failure to secure financing is cited as
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