Verde Clean Fuels Inc (referred to as Verde Clean Fuels) announced that the company's board of directors has officially launched a strategic review process.

This move aims to comprehensively review all potential strategic paths that could maximize value for shareholders. The scope of the assessment is broad and may include, but is not limited to, exploring potential partnerships, asset optimization plans, capital structure adjustment opportunities, and even the overall strategic positioning of the company. The company emphasizes that no decision has been made regarding any specific strategic alternatives at this time, and there is no guarantee that this assessment will necessarily result in any transaction or strategic shift. The board of directors will proceed with this assessment prudently, working closely with financial and legal advisors, and will inform the market of any significant progress at an appropriate time.