EQV Ventures, Presidio Petroleum file registration statement on Form S-4

EQV Ventures (EQV) Acquisition Corp. and Presidio Investment Holdings announced the filing of a registration statement on Form S-4 with the U.S. Securities and Exchange Commission by Prometheus Pubco Inc. that will merge with PIH to form Presidio Production Company following the consummation of the proposed business combination. The Registration Statement contains a preliminary proxy statement/prospectus in connection with the proposed business combination. While the Registration Statement has not yet become effective and the information therein is subject to change, it provides important information about EQV, Presidio Production, and PIH and the proposed business combination. EQV entered into the business combination agreement with PIH and the other parties thereto on August 5, 2025. Following consummation of the proposed business combination, the combined company will be a US-domiciled, dividend-yield driven C Corp, and will be renamed “Presidio Production Company.” Shares of Presidio Production are expected to be listed on the New York Stock Exchange under the ticker “FTW,” reflecting PIH’s roots in Fort Worth, Texas. Completion of the transaction is subject to approval by EQV’s stockholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions and is expected to occur in the fourth quarter of 2025. Presidio Production’s entry into the public markets comes at a pivotal moment in the energy sector, as the capital-intensive shale era gives way to a more disciplined focus on returns. Presidio Production’s differentiated model stands out with zero reliance on future drilling, minimal capital investment, and substantial free cash flow. The transaction values Presidio Production at a pro forma enterprise value of approximately $660M, representing a discount to combined proved developed PV-10 value, including the subsequent acquisition by Presidio Production of complementary Texas Panhandle assets from EQV Resources following the closing of the proposed business combination, which is not reflected in the pro forma financial statements included in the Registration Statement, and assuming no redemptions and after transaction expenses.