8-K - Empire Petroleum Corporation | StockGist

AI Analysis

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

Empire Petroleum Corporation announced on March 19, 2026, that its previously announced rights offering expired fully subscribed on March 18, 2026, generating approximately $10 million in gross proceeds before expenses at $2.99 per whole share. Subscriptions exceeded 100% of available securities, with oversubscriptions allocated pro-rata.

Key Takeaways

1Rights offering subscription period expired at 5:00 p.m. Eastern Time on March 18, 2026.

2Rights offering fully subscribed with more than 100% of securities subscribed.

3Generated approximately $10.0 million in gross proceeds before expenses.

4Subscription price of $2.99 per whole share.

5Stockholders receive full basic subscription privilege; oversubscription shares allocated pro-rata after eliminating fractional shares.

6Rights offering size increased from $6.0 million to $10.0 million via prospectus supplements filed February 2, 2026, and February 25, 2026.

Current Report Details

Event Type

Other Event

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

. Other Events. On March 19, 2026, Empire Petroleum Corporation (the “ Company ”) issued a press release announcing the expiration of their previously announced

Other Event

$10.0M

9.01

. Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed or furnished herewith. Exhibit Number Description 99.1 Press release dated M

Exhibits Only

Source Document

Exhibits (2)

8-K

FORM 8K DATED MARCH 19, 2026

99.1

PRESS RELEASE DATED MARCH 19, 2026