8-K - Battalion Oil Corporation | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Battalion Oil Corporation issued 1.8 million common shares on March 30, 2026 through conversion of its Series A-2 redeemable convertible preferred stock.

Key Takeaways

11.8 million common shares issued at a conversion price of $6.21 per share.

2Conversion applied to 7,803 Series A-2 preferred shares held by Luminus Energy Partners.

3Issuance qualifies for registration exemption under Securities Act Section 4(a)(2).

4Original Series A-2 preferred transaction was approved by independent board committee.

Current Report Details

Event Type

Securities Issuance

Disclosure

Mandatory

Variant

8-K

Items Reported

3.02

| Unregistered Sale of Equity Securities. | |---|---| On March 30, 2026, Battalion Oil Corporation (the “ Company ”) issued 1,800,000 shares of its common stock

Securities Issuance

$6.21

Exhibits (1)

8-K