13D Filings
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Vitesse Energy, Inc.
VTS
Amendment
Ownership

7.40%

Total Shares

2,863,591

Issuer CIK

1944558

CUSIP

92852X103

Event Date

Mar 6, 2025

Accepted

Mar 11, 2025, 04:15 PM

SEC EDGARView Original Filing
Reporting Persons (1)
NameType% of ClassAggregateSole VotingShared Voting
Joseph S. Steinberg
Individual
7.40%2,863,5912,851,00212,589
Disclosure Items (4)

Security Title

Common Stock, Par Value $0.01 Per Share

Issuer Name

Vitesse Energy, Inc.

Issuer Address

5619 DTC Parkway, Greenwood Village, CO, 80111

The disclosure in Item 4 of the Schedule 13D is hereby amended and supplemented as follows: On March 7, 2025, Vitesse and Lucero Energy Corp., a corporation existing under the laws of the Province of Alberta, Canada ("Lucero"), completed the previously announced transaction pursuant to the Arrangement Agreement, dated December 15, 2024 (the "Arrangement Agreement"), between Vitesse and Lucero. In connection with the Arrangement Agreement, Vitesse and Lucero effected an arrangement (the "Arrangement") pursuant to, among other provisions, section 193 of the Business Corporations Act (Alberta) (the "ABCA"), and a plan of arrangement (as amended from time to time in accordance with the Arrangement Agreement, the "Plan of Arrangement"). In accordance with the ABCA and the Plan of Arrangement, (i) Vitesse acquired all of the issued and outstanding voting common shares (the "Lucero Shares") of Lucero in exchange for the issuance of Vitesse Common Stock and (ii) each Lucero Share issued and outstanding immediately prior to the effective time of the Arrangement (other than Lucero Shares with respect to which dissenters' rights have been validly exercised and not validly withdrawn) will be transferred by such shareholder to Vitesse in exchange for 0.01239 of a share of Vitesse Common Stock, as may be adjusted pursuant to the Plan of Arrangement. Following the completion of the Arrangement, the number of outstanding shares of Vitesse Common Stock increased by 8,169,368 shares to 38,578,409 outstanding shares of Vitesse Common Stock, and, accordingly, the Reporting Person's percentage beneficial ownership decreased proportionately. The foregoing summary description of the Arrangement does not purport to be complete and is qualified in its entirety by reference to the terms of the Arrangement Agreement, which was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by Vitesse with the Securities and Exchange Commission on December 19, 2024, and is incorporated by reference into this Item 4.

Percentage of Class

The disclosure in Item 5(a) and (b) of the Schedule 13D is hereby amended and restated as follows: The Reporting Person beneficially owned 2,863,591 shares of Vitesse Common Stock as of March 10, 2025. At that date, the Reporting Person had sole voting and sole dispositive power over 2,851,002 shares, consisting of 495,380 shares held directly, 2,148,024 shares held by corporations wholly owned by the Reporting Person, family trusts or corporations wholly owned by family trusts, 202,094 shares in a charitable trust, and 5,504 shares underlying restricted stock units scheduled to vest within 60 days of March 10, 2025. Shares of Vitesse Common Stock over which the Reporting Person may have been deemed to have shared voting and shared dispositive power at that date were 12,589 shares of Vitesse Common Stock held by the Reporting Person's spouse. Based on the shares of Vitesse Common Stock outstanding following the effective time of the Arrangement, the Reporting Person beneficially owned 7.4% of the outstanding shares of Vitesse Common Stock.

Number of Shares

See Item 5(a) above.

Transactions

The information set forth under Item 4 above is incorporated herein by reference.

The disclosure in Item 6 of the Schedule 13D is hereby amended and supplemented as follows: The information set forth under Item 4 above is incorporated herein by reference.