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Greenfire Resources

Closed (deSPAC)

Energy · oil sands bitumen production (SAGD)

What it is
A private company in energy preparing to list via a SPAC merger. Full profile in progress.
What it’s doing now
Merging with M3-Brigade Acquisition III Corp. (MBSC) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.
Profile in progress — we only publish what we can verify in filings, and for this company that work isn’t finished. Identity and deal facts above are current; business detail, financials and peers will appear as the filings are parsed.

What the company says about itself

Web research — not audited
What our web check found

[WEB-INTEL 2026-08-26] 15 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Greenfire Resources Ltd. is conducting a rights offering of subscription receipts to raise at least C$575 million." [https://www.stocktitan.net/sec-filings/GFR/f-10-greenfire-resources-ltd-sec-filing-77f968911a73.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Subscription Price not exceeding C$6.74 per Common Share" [https://www.stocktitan.net/sec-filings/GFR/f-10-greenfire-resources-ltd-sec-filing-77f968911a73.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bridge Facility size: $575 million" [https://www.stocktitan.net/sec-filings/GFR/f-10-greenfire-resources-ltd-sec-filing-77f968911a73.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Connacher Acquisition Price: $1.29 billion" [https://www.stocktitan.net/sec-filings/GFR/f-10-greenfire-resources-ltd-sec-filing-77f968911a73.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Greenfire Resources Inc. and M3-Brigade Acquisition III Corp. Announce US$950 million Business Combination" [https://www.greenfireres.com/news-releases/greenfire-resources-inc-and-m3-brigade-acquisition-iii-corp-announce-us950-million-business-combination/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Greenfire Resources Inc. and M3-Brigade Acquisition III Corp. Announce US$950 million Business Combination" [https://www.prnewswire.com/news-releases/greenfire-resources-inc-and-m3-brigade-acquisition-iii-corp-announce-us950-million-business-combination-301704113.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Canada's Greenfire Resources Inc plans to list in the United States by merging with blank-check firm M3-Brigade Acquisition III Corp in a ..." [https://www.reuters.com/markets/us/energy-company-greenfire-resources-list-us-via-950-mln-spac-deal-2022-12-15/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Greenfire Resources Announces Acquisition of Connacher Oil and Gas Limited for C$1.277 Billion in Cash Consideration July 13, 2026" [http://www.newsfilecorp.com/release/304912/Greenfire-Resources-Announces-Acquisition-of-Connacher-Oil-and-Gas-Limited-for-C1.277-Billion-in-Cash-Consideration] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Greenfire Resources (NYSE/TSX: GFR) has filed a final short form prospectus and U.S. Form F-10 for an upsized rights offering expected to raise approximately C$775 million" [https://www.stocktitan.net/news/GFR/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "subscription for one new share at C$6.74 or US$4.81" [https://www.stocktitan.net/news/GFR/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Up to 114,985,163 new shares may be issued" [https://www.stocktitan.net/news/GFR/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Standby commitment of at least $575 million from Waterous Energy Fund" [https://www.stocktitan.net/news/GFR/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The 2026 capital budget was raised from $210 million to $250 million" [https://www.stocktitan.net/news/GFR/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Senior Credit Facility borrowing base was subsequently upsized to $1.0 billion" [https://www.stocktitan.net/news/GFR/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raised US$300 million at IPO in October 2021" [https://www.greenfireres.com/wp-content/uploads/2023/08/2023.06.12-GreenfireResourcesandMBSCBusinessCombination-InvestorPresentationUpdatedforRevisedFinancialOutlook.pdf]

Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Greenfire Resources is merging with M3-Brigade Acquisition III Corp. (MBSC) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $50M · unsourced

Structure per SEC accession(s) 0001213900-23-067037. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Greenfire Resources going public?

Greenfire Resources has an approved merger with the SPAC M3-Brigade Acquisition III Corp. (MBSC). Deal status: Closed (deSPAC).

Does Greenfire Resources have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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