Here are two analogies to describe Samos Energy Acquisition (SAMO):

1. It's like a publicly traded KKR or Blackstone, but whose sole mission is to acquire and integrate one major traditional energy company.

2. Think of it as a publicly funded version of Brookfield Asset Management, but singularly dedicated to acquiring its first large traditional energy business.

• Facilitating Business Combinations: Samos Energy Acquisition acts as a blank check company (SPAC) formed with the sole purpose of identifying and merging with or acquiring one or more existing operating businesses, primarily those with significant international energy assets.

Samos Energy Acquisition (SAMO) is a blank check company (SPAC). As such, it does not currently have any operational businesses or generate revenue from customers. Its purpose is to complete an initial business combination with another company. Therefore, Samos Energy Acquisition (SAMO) does not have major customers at this time.

Jacques Tohme, Chairman and Chief Executive Officer

Mr. Tohme has served as the co-founder and Managing Partner at Samos Energy Group since July 2023. He also co-founded Tailwind Energy, a UK oil and gas producer backed by Mercuria, where he served as a director from January 2016 to March 2023. Tailwind Energy expanded by acquiring and developing assets from companies such as ExxonMobil, Royal Dutch Shell, EOG Resources, and Oaktree. In March 2023, Tailwind Energy was sold to Serica Energy Plc. Mr. Tohme also founded Amerocap LLC, a private US investment firm, and led Samos Energy's acquisition of Petrofirst Infrastructure from BlackRock and Petrofac.

Trent Kososki, Chief Financial Officer, Chief Accounting Officer, and Secretary

Mr. Kososki has been the founder and CEO of GoodPeak since August 2022. Prior to that, he was a Managing Director at Stonepeak.

For Samos Energy Acquisition (SAMO), a blank check company, the key risks are primarily associated with its nature as a Special Purpose Acquisition Company (SPAC) that has yet to identify or complete a business combination.

Key Risks

1. Failure to complete an initial business combination: As a blank check company, Samos Energy Acquisition's sole purpose is to merge with or acquire an existing private company within a specified timeframe, typically two years. The company has not yet identified any potential business combination target. If Samos Energy Acquisition fails to complete a business combination within the predetermined period, it must liquidate and return the funds held in trust to its public shareholders, often at the IPO price plus interest, minus operational costs. This scenario would result in investors potentially losing any premium paid for shares above the IPO price, and sponsors losing their investments.
2. Competition for acquisition targets and difficulty in identifying a suitable target: Samos Energy Acquisition intends to focus its search on established, cash-flowing businesses and assets within the traditional energy sector. However, the market for attractive acquisition targets, especially in specific sectors like energy, can be highly competitive, with other SPACs, private equity firms, and strategic buyers also vying for deals. This competition may make it challenging for Samos Energy Acquisition to identify and secure a suitable target that aligns with its investment criteria and offers attractive risk-adjusted returns, potentially delaying or preventing a business combination.
3. Shareholder redemptions and potential for dilution: Even if Samos Energy Acquisition identifies a target, public shareholders typically have the option to redeem their shares for their pro-rata portion of the trust account prior to the completion of a business combination if they do not approve of the proposed transaction or for other reasons. Significant redemptions can reduce the amount of capital available for the combined company, potentially necessitating additional financing which could dilute the ownership interests of non-redeeming shareholders. Furthermore, the economic interests of the SPAC's sponsors and management may not always align with those of public shareholders, potentially leading to deals that are less favorable for public investors.

The global energy transition towards renewable energy sources and away from fossil fuels, coupled with increasing environmental, social, and governance (ESG) pressures and climate policies, represents a clear emerging threat to Samos Energy Acquisition's stated strategy. As a blank check company intending to acquire "significant international energy assets that are operational and cash generative" within the traditional energy sector, this fundamental shift in energy markets threatens the long-term viability, market value, and investor appeal of the very assets SAMO aims to acquire. This could significantly challenge its ability to identify, acquire, and build a successful business in its target industry, much like how new technologies or business models disrupted existing markets in the provided examples (e.g., Netflix threatening Blockbuster's market for physical media rentals).

1. Successful Completion of an Initial Business Combination: The primary driver of future revenue for Samos Energy Acquisition is the successful identification, negotiation, and closing of its initial business combination with one or more operating businesses. Until such a combination occurs, the company will not generate operational revenue. The company has a deadline of July 10, 2028, to complete an acquisition.
2. Acquisition of Operational and Cash-Generative International Energy Assets: The company's stated intention is to capitalize on its sponsor’s platforms to identify, acquire, and build a company with significant international energy assets that are operational and cash generative. This strategic focus on established, cash-flowing businesses within the traditional energy sector is intended to ensure that the acquired entity will provide immediate and substantial revenue streams upon combination.
3. Leveraging the Samos Platform's Extensive Energy Sector Expertise: The Samos platform comprises over twenty professionals with extensive experience across the traditional energy value chain, including upstream oil and gas, midstream infrastructure, and thermal power generation. This multidisciplinary expertise is crucial for efficiently conducting rigorous due diligence and for identifying, evaluating, and executing an initial business combination with an attractive target company that can deliver sustainable revenue.
4. Strategic Focus on High-Potential Market Opportunities: Samos Energy Acquisition aims to capitalize on what it believes are favorable and highly fragmented market opportunities within the traditional energy sector. Its ability to identify and successfully acquire assets in these advantageous market segments is expected to contribute to future revenue growth for the combined entity.
5. Seeking Control Positions and Active Post-Acquisition Management: The company intends to seek control positions and to partner with other management teams and stakeholders to drive long-term value creation. This approach suggests active management and strategic guidance post-acquisition to optimize operations and further grow revenue from the acquired assets.

Share Issuance

• Samos Energy Acquisition Corporation priced its initial public offering (IPO) of 20,000,000 units at $10.00 per unit on July 10, 2026.
• The IPO closed on July 13, 2026, raising $230,000,000 in gross proceeds from the sale of 23,000,000 units, which included the full exercise of the underwriters' overallotment option for an additional 3,000,000 units.
• Each unit issued in the IPO consists of one Class A ordinary share and one-half of one redeemable warrant.

Inbound Investments

• A total of $230,000,000 from the IPO and a simultaneous private placement was placed into a trust account for the benefit of public shareholders.
• The sponsor and Cantor Fitzgerald & Co. purchased an aggregate of 6,000,000 private placement warrants at $1.00 per warrant, generating gross proceeds of $6,000,000.