Flame Acquisition Corp. (Flame), a blank check company, and Sable Offshore Corp. (Sable), a streamlined production unit, have received the green light from Flame’s stockholders to merge and become a publicly traded company.

The business combination was approved by the requisite number of shares of Flame common stock voted at the special meeting on February 12, 2024. A Current Report on Form 8-K disclosing the full voting results will be filed with the SEC on the same day.

Flame will have approximately $62.2 million in its trust account prior to the business combination, which is expected to close on or about February 14, 2024, subject to the satisfaction or waiver of all closing conditions.

Following the closing of the business combination, the combined company will be renamed Sable Offshore Corp. and its common stock and public warrants will begin trading on the New York Stock Exchange under the ticker symbols SOC and SOC.WS, respectively, commencing on February 15, 2024.

Flame was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in North America.

Sable and its subsidiary, Sable Offshore Holdings, LLC, were formed for the purpose of evaluating the opportunity to acquire a streamlined production unit known as the Santa Ynez Unit and negotiating the terms thereof.