EQV Ventures Acquisition Corp. Completes Ticker Symbol Change to "FTW" to Reflect Proposed Business Combination with Presidio
EQV Ventures Acquisition Corp (NYSE: FTW) changed its NYSE ticker from EQV to FTW for Class A shares, and its units and public warrants to FTW U and FTW WS, effective at the open on November 3, 2025.
The change aligns with a previously announced proposed business combination between EQV and Presidio Investment Holdings to form Presidio PubCo Inc., which is expected to be renamed Presidio Production Company at closing. Presidio Production is described as a US‑domiciled, dividend‑yield driven C corp focused on cash flow from commodity‑price‑hedged production of mature oil and gas wells, with no reliance on future drilling, minimal capital investment, and substantial free cash flow. Following consummation, Presidio Production common stock and public warrants are expected to trade on the NYSE under FTW and FTW WS.
For more detail, refer to the registration statement on Form S-4 filed with the SEC on September 5, 2025 (as amended).
EQV Ventures Acquisition Corp (NYSE: FTW) ha cambiato ticker NYSE da EQV a FTW per azioni di Classe A, e le sue unit e warrant pubblici in FTW U e FTW WS, effettivo all'apertura del 3 novembre 2025.
Il cambiamento è allineato con una fusione aziendale proposta tra EQV e Presidio Investment Holdings per formare Presidio PubCo Inc., che si prevede rinominata Presidio Production Company al closing. Presidio Production è descritta come una C corp domiciliata negli Stati Uniti, focalizzata sul rendimento da dividendi e concentrata sul flusso di cassa da produzione coperta da hedge sui prezzi delle commodity di pozzi petroliferi e di gas maturi, senza dipendenza da future trivellazioni, con minimo investimento di capitale e notevole flusso di cassa disponibile. Dopo la chiusura, le azioni ordinarie di Presidio Production e i warrant pubblici dovrebbero essere scambiati sul NYSE come FTW e FTW WS.
Per ulteriori dettagli, si rimanda al modulo di registrazione S-4 depositato presso la SEC il 5 settembre 2025 (come emendato).
EQV Ventures Acquisition Corp (NYSE: FTW) cambió su ticker de NYSE de EQV a FTW para las acciones de Clase A, y sus unidades y warrants públicos a FTW U y FTW WS, con efecto a la apertura del 3 de noviembre de 2025.
El cambio está alineado con la fusión de negocios propuesta entre EQV y Presidio Investment Holdings para formar Presidio PubCo Inc., que se espera que se renombre Presidio Production Company en el cierre. Presidio Production se describe como una C corp con domicilio en EE. UU., orientada a rendimientos por dividendos y centrada en el flujo de caja proveniente de la producción cubierta por coberturas de precios de commodities de pozos de petróleo y gas maduros, sin dependencia de perforaciones futuras, con inversión de capital mínima y un flujo de caja libre sustancial. Tras la consumación, se espera que las acciones ordinarias de Presidio Production y los warrants públicos coticen en la NYSE bajo FTW y FTW WS.
Para más detalle, consulte la declaración de registro en Formulario S-4 presentada ante la SEC el 5 de septiembre de 2025 (según enmendada).
EQV Ventures Acquisition Corp (NYSE: FTW)는 A급 주식에 대한 NYSE 티커를 EQV에서 FTW로 변경했고, 유닛(public warrants 포함)도 FTW U, FTW WS로 변경했으며, 이는 2025년 11월 3일 개장 시점에 효력을 발휘합니다.
이 변경은 EQV와 Presidio Investment Holdings 간의 예비 사업결합으로 Presidio PubCo Inc.를 형성하는 것과 일치하며, 클로징 시점에 Presidio Production Company로 이름이 바뀔 것으로 예상됩니다. Presidio Production은 미국에 본사를 둔 배당 수익 중심의 C 래퍼로, 성숙한 석유 및 가스 우물의 가격 헤지로 인한 현금 흐름에 중점을 두고, 향후 시추에 의존하지 않으며, 자본 투자도 적고 상당한 자유현금흐름을 보유합니다. 완료 후 Presidio Production의 보통주와 공개 워런트는 NYSE에서 FTW, FTW WS로 거래될 예정입니다.
더 자세한 내용은 2025년 9월 5일 SEC에 Form S-4로 제출된 등록서류를 참조하십시오(개정본).
EQV Ventures Acquisition Corp (NYSE: FTW) a changé son ticker NYSE de EQV à FTW pour les actions de Classe A, et ses unités et bons de souscription publics en FTW U et FTW WS, effectif à l'ouverture le 3 novembre 2025.
Ce changement s'aligne sur la fusion d'affaires proposée entre EQV et Presidio Investment Holdings pour former Presidio PubCo Inc., qui devrait être renommée Presidio Production Company à la clôture. Presidio Production est décrite comme une société C américaine, axée sur le rendement par dividendes et centrée sur le flux de trésorerie provenant d'une production couverte par des hedges sur les prix des matières premières des puits de pétrole et de gaz matures, sans dépendance à de futurs forages, avec peu d'investissement en capital et un flux de trésorerie disponible important. Après la conclusion, les actions ordinaires de Presidio Production et les warrants publics devraient être négociés à la NYSE sous FTW et FTW WS.
Pour plus de détails, reportez-vous au formulaire d'enregistrement S-4 déposé auprès de la SEC le 5 septembre 2025 (tel que modifié).
EQV Ventures Acquisition Corp (NYSE: FTW) hat seinen NYSE-Ticker von EQV auf FTW für Class-A-Aktien geändert und seine Einheiten und öffentlichen Warrants auf FTW U bzw. FTW WS geändert, gültig ab Handelsbeginn am 3. November 2025.
Die Änderung steht im Einklang mit der zuvor angekündigten geplanten Geschäftszusammenführung zwischen EQV und Presidio Investment Holdings zur Bildung von Presidio PubCo Inc., die zum Abschluss voraussichtlich in Presidio Production Company umbenannt wird. Presidio Production wird als eine in den USA ansässige C-Corp beschrieben, die sich auf Dividendenrendite konzentriert und den Cashflow aus der durch Preishedging abgesicherter Produktion reifer Öl- und Gasfelder generiert, ohne auf zukünftige Bohrungen angewiesen zu sein, mit minimalem Kapitalbedarf und erheblichem freiem Cashflow. Nach Vollzug sollen Presidio Production Stammaktien und öffentliche Warrants an der NYSE unter FTW bzw. FTW WS gehandelt werden.
Weitere Details finden Sie im Registrierungsschreiben auf Form S-4, das bei der SEC am 5. September 2025 eingereicht wurde (wie geändert).
EQV Ventures Acquisition Corp (NYSE: FTW) غيرت رمزها في بورصة نيويورك من EQV إلى FTW لأسهم الفئة A، ووحداتها والمراهنات العامة إلى FTW U وFTW WS، سارية اعتباراً من افتـتاح التداول في 3 نوفمبر 2025.
يتماشى هذا التغيير مع الدمج التجاري المقترح بين EQV وPresidio Investment Holdings لتشكيل Presidio PubCo Inc.، المتوقع أن يتم إعادة تسميته عند الإغلاق إلى Presidio Production Company. وتوصف Presidio Production بأنها شركة C مقرها الولايات المتحدة، مركزة على عائدات الأرباح ومتعمدة على التدفق النقدي الناتج من الإنتاج المحوط بتغطيات أسعار السلع الأساسية آبار النفط والغاز الناضجة، دون الاعتماد على الحفر في المستقبل، واستثمار رأس مال منخفض وتدفق نقدي حر كبير. بعد الإتمام، من المتوقع أن تتداول أسهم Presidio Production العادية والمراهنات العامة في NYSE تحت FTW وFTW WS.
للمزيد من التفاصيل، راجع بيان التسجيل Form S-4 المودَع لدى هيئة الأوراق المالية الأمريكية في 5 سبتمبر 2025 (كما جرى تعديله).
- NYSE ticker changed to FTW effective Nov 3, 2025
- Proposed combination creates a dividend‑yield driven C corp
- Business model emphasizes minimal capex and substantial free cash flow
- Business combination is proposed and not yet consummated
- Cash flow remains linked to commodity prices despite hedging
Insights
SPAC has rebranded trading symbols ahead of a proposed combination to create a dividend-focused oil and gas C Corp.
The change of ticker symbols to FTW (and corresponding unit and warrant symbols) reflects a planned business combination between EQV and Presidio Investment Holdings, LLC to form Presidio Production Company. The target is described as a US-domiciled, dividend-yield driven C Corp underpinned by cash flow from commodity price hedged production of mature oil and gas wells, with asserted minimal capital needs and zero reliance on future drilling. The ticker update took effect at the open on
The transaction’s near-term relevance depends entirely on consummation of the proposed business combination. Key factual dependencies include completion of the S-4 registration process (originally filed on
Watch for formal milestones: finalization of the Registration Statement and any SEC comments, shareholder votes, and the official notice of closing with the assumed public listing under FTW and FTW WS. These items will determine when the described dividend structure and the stated production cash flows become actionable; the Registration Statement filing on
Fort Worth, TX, Nov. 04, 2025 (GLOBE NEWSWIRE) -- EQV Ventures Acquisition Corp. (NYSE: FTW; FTW U; FTW WS) ("EQV"), a special purpose acquisition company sponsored by EQV Group, today announced that it has changed 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 have changed from "EQV U" to "FTW U" and from "EQV WS" to "FTW WS," respectively. The ticker symbol changes took place at the opening of trading on Monday, November 3, 2025.
As previously announced, the change was 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.
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.
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.
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 and expectations with respect to the future performance and the success of Presidio Production following the consummation of the proposed business combination. 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 Production Media and Investor Contact:
For EQV:
Source: EQV Ventures Acquisition Corp.
FAQ
What NYSE ticker did EQV change to and when did the change take effect?
Will EQV shares and warrants keep the FTW tickers after the Presidio business combination?
What is Presidio Production's business model described in the announcement?
Where can investors find formal details about the proposed EQV and Presidio combination?
Does the announcement confirm the business combination is completed?
