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2026-06-13 18:39:26
[US Capital Races for Venezuelan Oil Fields, Aiming to Create First Venezuelan Oil Company on Nasdaq] 1. According to the Financial Times, several US investment groups are seizing the opportunity presented by the Trump administration's overthrow of the Maduro regime to aggressively invest in Venezuela's long-underutilized oil resources. 2. Miami-based Lionheart Capital has taken the lead, signing a letter of intent to merge its listed shell company, Lionheart Holdings, with Keo Energy, which owns oil field assets in Venezuela. 3. Sources familiar with the matter revealed that if the merger is completed, it will create the first Venezuelan oil company listed on Nasdaq, providing a new channel for US and institutional investors to directly invest in Venezuela's energy sector. 4. The report states that Lionheart plans to take the new oil company public through this deal at a valuation of approximately $1 billion. Its shell company, Lionheart Holdings, successfully raised $230 million in 2024. 5. However, sources indicate that negotiations are still in the early stages and have not yet been finalized, with the possibility of a breakdown. Lionheart Holdings plans to hold a shareholder vote next week to gain more time to find acquisition targets, otherwise it may face the risk of liquidation.
