Has there been any change in the partnership structure or equity stake with the joint development partner (C…) that could impact future dilution or profit sharing?

Answer

The press release does not indicate any alteration to the joint‑development partnership with C—the company merely notes that the FEED work for the Permian Basin natural‑gas‑to‑gasoline plant is proceeding as originally planned. There is no mention of a revised equity split, a new capital‑raising round, or any restructuring that would trigger future dilution or modify the profit‑sharing formula between Verde Clean Fuels and its partner.

From a trading perspective, the absence of a partnership change means the dilution risk that sometimes follows a new equity issuance or a shift in ownership percentages remains unchanged. Investors can therefore continue to evaluate Verde’s valuation on the basis of its existing pipeline, the progress of the FEED phase, and the company’s broader balance‑sheet and cash‑flow outlook without factoring in a potential upside or downside from a renegotiated profit‑share. In the short term, the stock’s price action will still be driven more by the usual fundamentals—revenue guidance, capital‑expenditure updates, and macro‑fuel‑price dynamics—rather than any immediate equity‑stake re‑allocation. If the partnership were to be altered in the future, a re‑assessment would be warranted, but for now the partnership structure appears stable.