EQV Ventures Acquisition Corp. Announces New Ticker Symbol “FTW” to Reflect Proposed Business Combination with Presidio
EQV Ventures Acquisition Corp (NYSE: EQV) will change its Class A share ticker to FTW at the opening of trading on November 3, 2025, with units and public warrants moving to FTW U and FTW WS, respectively.
The ticker change is being made in connection with the proposed business combination between EQV and Presidio Investment Holdings to form Presidio PubCo Inc., expected to be renamed Presidio Production Company at closing. Presidio Production is described as a US-domiciled, dividend-yield driven C corp focused on commodity-price-hedged production from mature oil and gas wells with zero reliance on future drilling, minimal capital investment, and substantial free cash flow. EQV securities will cease trading on the NYSE after the consummation of the proposed business combination. The Registration Statement on Form S-4 was originally filed on September 5, 2025.
EQV Ventures Acquisition Corp (NYSE: EQV) cambierà il ticker delle sue azioni di Classe A in FTW all'inizio delle contrattazioni il 3 novembre 2025, con le unit e i warrants pubblici che passeranno rispettivamente a FTW U e FTW WS.
Il cambio di ticker avviene in relazione all'operazione di business combination tra EQV e Presidio Investment Holdings per formare Presidio PubCo Inc., previsto rinominato Presidio Production Company al closing. Presidio Production è descritto come una società per azioni statunitense domiciliata negli USA, orientata a rendimenti da dividendi e centrata sulla produzione coperta dai prezzi delle commodity a partire da giacimenti di petrolio e gas maturi, con zero dipendenza da future perforazioni, investimenti di capitale minimi e flussi di cassa liberi sostanziali. I titoli EQV cesseranno di essere negoziati sul NYSE dopo il perfezionamento dell'operazione. La dichiarazione di registrazione su modulo S-4 è stata originariamente depositata il 5 settembre 2025.
EQV Ventures Acquisition Corp (NYSE: EQV) cambiará su ticker de acciones Clase A a FTW al inicio de la negociación el 3 de noviembre de 2025, con las unidades y los warrants públicos moviéndose a FTW U y FTW WS, respectivamente.
El cambio de ticker se realiza en relación con la fusión propuesta entre EQV y Presidio Investment Holdings para formar Presidio PubCo Inc., que se espera sea renombrada Presidio Production Company al cierre. Presidio Production se describe como una corporación C con domicilio en EE. UU., orientada a rendimientos de dividendos y centrada en la producción protegida frente a los precios de las materias primas a partir de pozos de petróleo y gas maduros, con cero dependencia de perforaciones futuras, inversión de capital mínima y flujo de caja libre sustancial. Valores EQV dejarán de cotizar en la NYSE tras la consumación de la operación propuesta. El formulario de registro en el Formulario S-4 se presentó originalmente el 5 de septiembre de 2025.
EQV Ventures Acquisition Corp (NYSE: EQV)는 FTW로 클래스 A 주식 시세 부호를 2025년 11월 3일 개장 시점에 변경하고, 유닛과 공개 워런트는 각각 FTW U와 FTW WS로 이동합니다.
시세 부호 변경은 EQV와 Presidio Investment Holdings 간의 예정된 비즈니스 결합으로 Presidio PubCo Inc.를 형성하는 데 따라 이루어지며, 종결 시점에 Presidio Production Company로 개명될 예정입니다. Presidio Production은 미국에 본사를 둔 배당 수익 중심의 C코포레이션으로, 원유 및 천연가스의 성숙한 우물에서 원자재 가격 헤지 생산에 초점을 맞추고, 향후 시추에 의한 의존 제로, 자본 투자 최소화, 그리고 막대한 자유 현금 흐름을 특징으로 합니다. 거래완료 후 EQV 증권은 NYSE에서 거래를 중단합니다. Form S-4 등록서가 원래 2025년 9월 5일에 제출되었습니다.
EQV Ventures Acquisition Corp (NYSE: EQV) va changer son ticker des actions de Classe A en FTW à l’ouverture des échanges le 3 novembre 2025, les unités et les warrants publics passant respectivement à FTW U et FTW WS.
Ce changement de ticker est effectué dans le cadre de la combinaison d’entreprises proposée entre EQV et Presidio Investment Holdings pour former Presidio PubCo Inc., qui devrait être rebaptisée Presidio Production Company à la clôture. Presidio Production est décrite comme une société C domiciliée aux États‑Unis, axée sur un rendement par dividende et centrée sur la production protégée par les prix des matières premières à partir de puits de pétrole et de gaz matures, avec zéro dépendance à de futurs forages, investissement en capital minimal et flux de trésorerie disponible substantiel. Les valeurs EQV cesseront d’être négociées à la NYSE après la réalisation de la fusion proposée. Le formulaire d’enregistrement sur le formulaire S-4 a été initialement déposé le 5 septembre 2025.
EQV Ventures Acquisition Corp (NYSE: EQV) wird seinen Aktien-Ticker der Klasse A zum FTW an der Eröffnung des Handels am 3. November 2025 ändern, wobei Einheiten und öffentliche Warrants entsprechend zu FTW U bzw. FTW WS wechseln.
Die Ticker-Änderung erfolgt im Zusammenhang mit der vorgeschlagenen Geschäftszusammenführung zwischen EQV und Presidio Investment Holdings zur Bildung von Presidio PubCo Inc., die zum Schluss voraussichtlich in Presidio Production Company umbenannt wird. Presidio Production wird als US-ansässige C‑Corporation beschrieben, die auf renditeorientierte Dividenden abzielt und sich auf die rohstoffpreis-gesicherte Produktion aus reifen Öl- und Gasfeldern konzentriert, mit keinerlei Abhängigkeit von zukünftigen Bohrungen, minimellen Kapitalinvestitionen und erheblichen freien Cashflow. EQV-Werte werden nach Abschluss der vorgeschlagenen Transaktion nicht mehr an der NYSE gehandelt. Die Registrierungserklärung auf Form S-4 wurde ursprünglich am 5. September 2025 eingereicht.
EQV Ventures Acquisition Corp (NYSE: EQV) سيغيّر رمز سهم فئة A إلى FTW عند افتتاح التداول في 3 نوفمبر 2025، بينما ستنتقل الوحدات والضمانات العامة إلى FTW U و FTW WS على التوالي.
يتم إجراء تغيير الرمز في إطار الاندماج المقترح بين EQV وPresidio Investment Holdings لتشكيل Presidio PubCo Inc.، المتوقع أن يُعاد تسميته عند الإغلاق إلى Presidio Production Company. وتُوصف Presidio Production بأنها شركة مساهمة مقيمة في الولايات المتحدة، تتركز على الإنتاج المحوط بأسعار السلع من آبار النفط والغاز الناضجة مع عدم الاعتماد على الحفر في المستقبل، استثمار رأس مال محدود، وتدفقات نقدية حرة كبيرة. ستتوقف أسهم EQV عن التداول في NYSE بعد إتمام عملية الاندماج المقترحة. وتم تقديم بيان التسجيل على النموذج S-4 في الأصل في 5 سبتمبر 2025.
EQV Ventures Acquisition Corp (NYSE: EQV) 将在2025年11月3日开盘时将其A类股票代码改为 FTW，单位证券和公开认股权证分别改为 FTW U 与 FTW WS。
此次更改代码与 EQV 与 Presidio Investment Holdings 提议中的业务合并以形成 Presidio PubCo Inc. 相关，预计在交割时更名为 Presidio Production Company。Presidio Production 描述为一家美国注册的、以股息收益为导向的C类公司，专注于成熟油气井的商品价格对冲生产，且具有 对未来钻探零依赖、最小资本投资、以及 大量自由现金流。EQV 的证券在拟议的业务合并完成后将停止在NYSE交易。Form S-4 登记声明最初于 2025年9月5日 提交。
- Ticker change effective Nov 3, 2025 to align with merger
- Proposed combination to form Presidio Production (public C corp)
- Business model: dividend-yield driven from hedged mature wells
- Zero reliance on future drilling, per announcement
- EQV securities will no longer trade on NYSE after closing
Insights
SPAC resymbolization signals progression toward a proposed merger to form Presidio Production; completion and registration milestones remain decisive.
The transaction converts EQV into a new public company, Presidio Production, with a dividend‑driven C‑Corp model backed by hedged production from mature oil and gas wells. Changing the tickers to FTW and related units/warrants prepares markets and shareholders for continuity at closing and for smoother day‑one trading.
Execution depends on consummation of the proposed business combination and the effectiveness of the
Fort Worth, TX, Oct. 22, 2025 (GLOBE NEWSWIRE) -- EQV Ventures Acquisition Corp. (NYSE: EQV; EQV U; EQV WS) (“EQV”), a special purpose acquisition company sponsored by EQV Group, today announced that it will change the ticker symbol of its Class A ordinary shares on the New York Stock Exchange (NYSE) from “EQV” to “FTW.” In addition, the ticker symbols for its units and public warrants will change from “EQV U” to “FTW U” and from “EQV WS” to “FTW WS,” respectively. The ticker symbol changes will take place at the opening of trading on Monday, November 3, 2025.
The change is being made in connection with the previously announced proposed business combination (the “business combination”) between EQV and Presidio Investment Holdings, LLC (“PIH”) to form Presidio PubCo Inc. (f/k/a Prometheus PubCo Inc.), which is expected to be renamed “Presidio Production Company” at closing (“Presidio Production”). Presidio Production will be a new public company with a stable dividend, underpinned by cash flow from the commodity price hedged production of stable, mature oil and gas wells. As a US-domiciled, dividend-yield driven C Corp., Presidio Production’s differentiated model will stand out with zero reliance on future drilling, minimal capital investment, and substantial free cash flow.
“Our updated ticker symbol will minimize disruption for shareholders as we move toward the planned merger and is a reflection of our confidence in Presidio’s positioning and execution as capital-disciplined operators focused on deploying new technology to create long-term value,” said Jerry Silvey, CEO of EQV.
“Investors are excited to learn about Presidio’s differentiated model, and transitioning to the new ticker symbol now will help with ensuring we will be ready to execute on day one as a public company,” said Will Ulrich, Co-Founder and Co-CEO of PIH.
Following the consummation of the proposed business combination, Presidio Production’s common stock and public warrants are expected to trade on the NYSE and assume the ticker symbols “FTW” and “FTW WS,” respectively, reflecting Presidio Production’s roots in Fort Worth, Texas. EQV’s securities will no longer trade on the NYSE following the consummation of the proposed business combination.
For additional information regarding the proposed business combination, please refer to the registration statement on Form S-4 originally filed by Presidio Production with the U.S. Securities and Exchange Commission (the “SEC”) on September 5, 2025 (as amended, the “Registration Statement”).
About Presidio Petroleum LLC
Headquartered in Fort Worth, TX, Presidio Petroleum LLC is a leading operator of mature oil and gas wells across the Mid-Continent. The company is focused exclusively on optimizing existing production and generating sustainable cash flow from low-decline, producing assets. For more information, visit: https://bypresidio.com/investors/
About EQV Ventures Acquisition Corp.
EQV Ventures Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. EQV’s sponsor is an affiliate of EQV Group, which was formed in 2022 and is an active acquirer of producing reserves, completing 14 acquisitions and currently managing and operating more than 1,800 wells across 10 states.
Forward-Looking Statements
This press release includes “forward-looking statements.” These include EQV’s, Presidio Production’s or PIH’s or their management teams’ expectations, hopes, beliefs, intentions or strategies regarding the future. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “potential,” “budget,” “may,” “will,” “could,” “should,” “continue” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Presidio Production’s, PIH’s and EQV’s expectations with respect to future performance, the capitalization of EQV or Presidio Production after giving effect to the proposed business combination, expectations with respect to the future performance and the success of Presidio Production following the consummation of the proposed business combination and the anticipated benefits and timing of completion of the ticker symbol change. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Presidio Production’s, PIH’s and EQV’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied upon by any investors as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Presidio Production, PIH and EQV. These forward-looking statements are subject to a number of risks and uncertainties, including changes in business, market, financial, political and legal conditions; benefits from hedges and expected production; the inability of the parties to successfully or timely consummate the proposed business combination, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect Presidio Production or the expected benefits of the proposed business combination or that the approval of the shareholders of EQV is not obtained; failure to realize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of Presidio Production to grow and manage growth profitably, maintain key relationships and retain its management and key employees; risks related to the uncertainty of the projected financial information with respect to PIH or Presidio Production; risks related to PIH’s current growth strategy; the occurrence of any event, change or other circumstances that could give rise to the termination of any definitive agreements with respect to the proposed business combination; the outcome of any legal proceedings that may be instituted against any of the parties to the potential business combination following its announcement and any definitive agreements with respect thereto; changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; risks that PIH or Presidio Production may not achieve their expectations; the ability to meet stock exchange listing standards following the proposed business combination; the risk that the proposed business combination disrupts the current plans and operations of PIH; costs related to the potential business combination; changes in laws and regulations; risks related to the domestication of EQV as a Delaware corporation; risks related to Presidio Production’s ability to pay expected dividends; the extent of participation in rollover agreements; the amount of redemption requests made by EQV’s public equity holders; and the ability of EQV or Presidio Production to issue equity or equity-linked securities or issue debt securities or enter into debt financing arrangements in connection with the proposed business combination or in the future. Additional information concerning these and other factors that may impact such forward-looking statements can be found in filings and potential filings by PIH, EQV or Presidio Production resulting from the proposed business combination with the SEC, including under the heading “Risk Factors” in the Registration Statement. If any of these risks materialize or any assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that none of Presidio Production, PIH nor EQV presently know or that Presidio Production, PIH or EQV currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by investors as a guarantee, an assurance, a prediction or a definitive statement of fact or probability.
In addition, forward-looking statements reflect Presidio Production’s, PIH’s and EQV’s expectations, plans or forecasts of future events and views as of the date they are made. Presidio Production, PIH and EQV anticipate that subsequent events and developments will cause Presidio Production’s, PIH’s and EQV’s assessments to change. However, while Presidio Production, PIH and EQV may elect to update these forward-looking statements at some point in the future, Presidio Production, PIH and EQV specifically disclaim any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Presidio Production’s, PIH’s or EQV’s assessments as of any date subsequent to the date they are made. Accordingly, undue reliance should not be placed upon the forward-looking statements. None of Presidio Production, PIH, EQV, or any of their respective affiliates have any obligation to update these forward-looking statements other than as required by law.
Additional Information and Where to Find It
In connection with the proposed business combination, Presidio Production and PIH filed the Registration Statement with the SEC, which includes a prospectus with respect to Presidio Production’s securities to be issued in connection with the proposed business combination and a preliminary proxy statement with respect to the shareholder meeting of EQV to vote on the proposed business combination. EQV, Presidio Production and PIH also plan to file other documents and relevant materials with the SEC regarding the proposed business combination. The Registration Statement has not yet been declared effective by the SEC. After the Registration Statement is declared effective by the SEC, the definitive proxy statement/prospectus will be mailed to the shareholders of EQV as of the record date to be established for voting on the proposed business combination. SECURITY HOLDERS OF EQV AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) AND OTHER DOCUMENTS AND RELEVANT MATERIALS RELATING TO THE PROPOSED BUSINESS COMBINATION THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BEFORE MAKING ANY VOTING DECISION WITH RESPECT TO THE PROPOSED BUSINESS COMBINATION BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND THE PARTIES TO THE PROPOSED BUSINESS COMBINATION. Shareholders are able to obtain free copies of the proxy statement/prospectus and other documents containing important information about Presidio Production, PIH, and EQV once such documents are filed with the SEC through the website maintained by the SEC at http://www.sec.gov. In addition, the documents filed by EQV may be obtained free of charge from EQV at www.eqvventures.com. Alternatively, these documents, when available, can be obtained free of charge from EQV or Presidio Production upon written request to EQV Ventures Acquisition Corp., 1090 Center Drive, Park City, Utah, 84098, Attn: Secretary, or by calling (405) 870-3781. The information contained on, or that may be accessed through the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.
Participants in the Solicitation
EQV, PIH, Presidio Production and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of EQV in connection with EQV’s shareholder meeting. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of EQV’s executive officers and directors in the solicitation by reading EQV’s annual report on Form 10-K, filed with the SEC on March 31, 2025, the definitive proxy statement/prospectus, which will become available after the Registration Statement has been declared effective by the SEC, and other relevant materials filed with the SEC in connection with the proposed business combination when they become available. Information concerning the interests of EQV’s participants in the solicitation, which may, in some cases, be different from those of EQV’s shareholders generally, will be set forth in the preliminary proxy statement/prospectus included in the Registration Statement.
No Offer or Solicitation
This press release shall not constitute a solicitation of any proxy, vote, consent or approval in any jurisdiction in connection with the proposed business combination and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of EQV, PIH or Presidio Production, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended. This press release is restricted by law; it is not intended for distribution to, or use by any person in, any jurisdiction in where such distribution or use would be contrary to local law or regulation.
Presidio Media and Investor Contact:
For EQV:
Source: EQV Ventures Acquisition Corp.
FAQ
When will EQV change its ticker symbol to FTW?
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What will happen to EQV shares after the proposed business combination closes?
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