Update: Spark Discloses Further Details Concerning Buyout of Verde Earnout Obligations
January 17,2018
Spark Energy has filed with the SEC an 8-K that provides further details concerning the previously reported announcement (see story here) that Spark Energy, Inc. ("Spark" or the "Company") and Verde Energy USA Holdings, LLC ("Verde") have agreed to terminate the earnout provisions of the purchase and sale transaction in which Spark acquired Verde’s operating subsidiaries in July 2017.