STOCK TITAN

GeoPark adds Dec. 1 tax test if Miranda closes early

If the Miranda Transaction closes before December 1, 2026, two dates' Venezuelan CIT rates will factor into the additional-share calculation.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

GeoPark Ltd (GPRK), GeoPark USA, LLC, and Panamerican Energy Holdings S.A. (PEH) amended their share purchase agreement on October 26, 2026. Under the prior agreement, at closing of the Miranda Transaction GeoPark would issue PEH 42,135,872 common shares, plus up to 5,421,589 additional shares if the Venezuelan CIT rate at closing fell within specified ranges, each below 50%. If closing occurs before December 1, 2026, the additional-share calculation will consider the CIT rates at both closing and December 1. Certain representations and warranties will also apply as of the additional-share issuance date if it differs from closing.

Reporting person Jaime Gilinski reported beneficial ownership of 18,115,791 shares, or 27.9%, including 17,915,791 shares owned by Colden Investments S.A. and 200,000 owned by Spaldy Investments Limited. The reported percentage was calculated using 64,896,377 common shares issued and outstanding as of June 30, 2026.

Closing Shares 42,135,872 common shares Prior agreement terms; to be issued to PEH at closing of the Miranda Transaction
Additional Consideration Shares up to 5,421,589 common shares Prior agreement terms; conditional on the Venezuelan CIT rate at closing
Colden Investments S.A. beneficial ownership 17,915,791 common shares Reported beneficial ownership
Jaime Gilinski beneficial ownership 18,115,791 common shares Reported beneficial ownership
Jaime Gilinski ownership percentage 27.9% Percentage of the class reported as beneficially owned
Common shares issued and outstanding 64,896,377 common shares As of June 30, 2026; used to calculate the reported ownership percentage
Colden Investments S.A. ownership percentage 27.6% Percentage of the class reported as beneficially owned
CIT Rate financial
"the CIT Rate applicable at closing"
Additional Consideration Shares financial
"up to 5,421,589 additional Common Shares"
Miranda Transaction financial
"at the closing of the Miranda Transaction"
representations and warranties technical
"Certain representations and warranties of the Issuer"
Representations and warranties are statements one party makes to another in a legal agreement about facts or conditions that are true at signing or will be true in the future, like ownership, financial statements, or regulatory compliance. They matter to investors because they set the factual baseline for a deal—like guarantees in a car sale—and create legal remedies or payment adjustments if those statements turn out to be false, affecting value and risk.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares could GeoPark issue to PEH in the Miranda Transaction?

Under the prior agreement, GeoPark would issue PEH 42,135,872 common shares at closing, plus up to 5,421,589 additional shares if the Venezuelan CIT rate at closing fell within specified ranges, each below 50%.

When do GeoPark's representations and warranties apply to the additional shares?

Certain representations and warranties of GeoPark Ltd and GeoPark USA, LLC will also be provided as of the date the additional shares are issued if that date differs from the closing date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates





G38327105

(CUSIP Number)
Oliverio Lew
1170 Kane Concourse, Suite 500,
Bay Harbor Islands, FL, 33154
305-861-9477

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/26/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Rows 8, 10 and 11 reflect the 17,915,791 common shares of GeoPark Limited, an exempted company limited by shares incorporated under the Laws of Bermuda (the "Issuer"), owned by Colden Investments S.A., a Panama sociedad anonima ("Colden"). These shares may be deemed to be beneficially owned by Jaime Gilinski, the sole shareholder and ultimate beneficial owner of Colden.


SCHEDULE 13D




Comment for Type of Reporting Person:
Rows 8, 10 and 11 include (i) 17,915,791 common shares of the Issuer owned by Colden, which may be deemed to be beneficially owned by Jaime Gilinski, the sole shareholder and ultimate beneficial owner of Colden and (ii) 200,000 common shares of the Issuer owned by Spaldy Investments Limited, a BVI Business Company existing and operating under the laws of the British Virgin Islands ("Spaldy"), which may be deemed to be beneficially owned by Jaime Gilinski, the sole shareholder and ultimate beneficial owner of Spaldy.


SCHEDULE 13D


Colden Investments S.A.
Signature:/s/ Jaime Gilinski
Name/Title:Jaime Gilinski, Authorized Signatory
Date:10/28/2026
Jaime Gilinski
Signature:/s/ Jaime Gilinski
Name/Title:Jaime Gilinski
Date:10/28/2026

Keep reading