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ClosedPublished 18 Dec 2025

CRC /
Berry

CRC completes its combination with Berry

Buy side: CRC
Buy sideCRC
Target: Berry
TargetBerry
California Resources Corporation · 18 Dec 2025Source
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Buy side: CRC
Buy sideCRC
Target: Berry
TargetBerry
01 / BuyerCRC
02 / TargetBerry
Source for the buyer and target: California Resources Corporation

For the buyer and target.

“Pursuant to the Merger Agreement, at the effective time of the Merger (the “ Effective Time ”), Merger Sub merged with and into Berry, with Berry surviving the Merger as a direct, wholly-owned subsidiary of CRC.”

Published 18 Dec 2025

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01

What happened

CRC completed its merger with Berry on Dec. 18, 2025, with Berry becoming a direct, wholly-owned subsidiary of CRC. [01]

Berry’s former equity holders received approximately 5.6 million shares of CRC common stock, with an approximate aggregate value of $253 million. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · California Resources Corporation

CRC completes its combination with Berry

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Closed

    “CRC completes its combination with Berry CRC completed its merger with Berry on Dec. 18, 2025, with Berry becoming a direct, wholly-owned subsidiary of CRC”

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  2. Published by California Resources Corporation

    The source this page is built from.

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