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8-K2026-05-01· deepseek-chat

EP · Empire Petroleum Corporation

0001072613-26-000368

SEC filing

Summary

Empire Petroleum entered into a Sales Agreement with Roth Capital Partners for at-the-market offerings of up to $30 million of common stock.

Key takeaways

Full analysis

Empire Petroleum Corporation entered into a Sales Agreement with Roth Capital Partners, LLC to establish an at-the-market (ATM) equity program. Under the agreement, the Company may, from time to time, sell shares of its common stock having an aggregate offering price of up to $30 million. The ATM facility provides Empire Petroleum with flexible access to capital markets, allowing it to raise funds opportunistically at prevailing market prices without the need for a traditional underwritten offering. The agent will receive a 3.0% commission on gross proceeds, and the Company has agreed to reimburse certain expenses. The shares will be issued under the Company's existing effective shelf registration statement (File No. 333-274327). This agreement enhances the Company's financial flexibility to fund operations, growth initiatives, or other corporate purposes as described in the prospectus. However, there is no obligation to sell any shares, and the actual amount, timing, and pricing of any sales will depend on market conditions and the Company's capital needs.