share_log

Camber Energy | 8-K: Fifth Amended and Restated Second Amendment to the Designation of Series C Preferred Stock of Camber Energy and Agreements with Named Investors Therein

Camber Energy | 8-K:Camber Energy第五次修訂和重述C系列優先股指定第二修正案以及與其中指定投資者簽署的協議

美股sec公告 ·  02/21 16:41
Moomoo AI 已提取核心訊息
Camber Energy, Inc., a Nevada corporation listed on the NYSE American under the trading symbol CEI, has entered into a material definitive agreement with an investor holding shares of its Series C redeemable convertible preferred stock. The agreement, dated February 15, 2024, includes amendments to the certificate of designations (COD) for the Series C Preferred Stock. These amendments, effective as of February 21, 2024, establish a floor price for conversions, confirm the company's right to early redemption of Series C Preferred Stock subject to full repayment of outstanding promissory notes, and state that no additional conversion shares will be owed once the notes are paid and the preferred stock is redeemed. The investor has also agreed to revert the beneficial ownership limitation from...Show More
Camber Energy, Inc., a Nevada corporation listed on the NYSE American under the trading symbol CEI, has entered into a material definitive agreement with an investor holding shares of its Series C redeemable convertible preferred stock. The agreement, dated February 15, 2024, includes amendments to the certificate of designations (COD) for the Series C Preferred Stock. These amendments, effective as of February 21, 2024, establish a floor price for conversions, confirm the company's right to early redemption of Series C Preferred Stock subject to full repayment of outstanding promissory notes, and state that no additional conversion shares will be owed once the notes are paid and the preferred stock is redeemed. The investor has also agreed to revert the beneficial ownership limitation from 9.99% back to 4.99%. Additionally, Camber Energy has committed to using at least fifty percent of the net proceeds from any future equity or debt offerings to repay outstanding promissory notes to the investor or its affiliates. The full text of the agreement and the amendment to the COD have been filed with the SEC and are incorporated by reference in the company's Form 8-K report.
Camber Energy, Inc. 是一家在紐約證券交易所美國證券交易所上市的內華達州公司,交易代碼爲CEI,該公司已與持有其C系列可贖回可轉換優先股股份的投資者簽訂了重要的最終協議。該協議日期爲2024年2月15日,包括對C系列優先股的指定證書(COD)的修訂。這些修正案自2024年2月21日起生效,規定了轉換的最低價格,確認了公司提前贖回C系列優先股的權利,但須全額償還未償還的期票,並規定一旦支付票據和贖回優先股,將不會再欠任何轉換股票。投資者還同意將實益所有權限制從9.99%恢復到4.99%。此外,Camber Energy已承諾將未來任何股票或債券發行淨收益的至少50%用於向投資者或其關聯公司償還未償還的期票。該協議和COD修正案的全文已向美國證券交易委員會提交,並以引用方式納入該公司的8-K表報告中。
Camber Energy, Inc. 是一家在紐約證券交易所美國證券交易所上市的內華達州公司,交易代碼爲CEI,該公司已與持有其C系列可贖回可轉換優先股股份的投資者簽訂了重要的最終協議。該協議日期爲2024年2月15日,包括對C系列優先股的指定證書(COD)的修訂。這些修正案自2024年2月21日起生效,規定了轉換的最低價格,確認了公司提前贖回C系列優先股的權利,但須全額償還未償還的期票,並規定一旦支付票據和贖回優先股,將不會再欠任何轉換股票。投資者還同意將實益所有權限制從9.99%恢復到4.99%。此外,Camber Energy已承諾將未來任何股票或債券發行淨收益的至少50%用於向投資者或其關聯公司償還未償還的期票。該協議和COD修正案的全文已向美國證券交易委員會提交,並以引用方式納入該公司的8-K表報告中。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息