---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-24-000744"
form_type: "8-K"
ticker: "EP"
cik: "0000887396"
company_name: "EMPIRE PETROLEUM CORP"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-31T00:15:13.343399+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Empire Petroleum launches $10M rights offering at $5.05/share, with largest holders intending to fully participate

## Summary
- Registered rights offering of up to 1,980,198 shares at $5.05 each, raising ~$10M.
- Stockholders receive one non-transferable right per share held as of Sept 30, 2024; each right buys 0.063 shares.
- Rights expire on Oct 16, 2024; oversubscription privilege available for fully subscribing holders.
- Chairman Phil Mulacek (20.3% stake) and Energy Evolution Master Fund (31.4%) intend to fully exercise rights and oversubscribe.

## SEC filing metadata
- accession: 0001072613-24-000744
- form_type: 8-K
- ticker: EP
- cik: 0000887396
- company_name: EMPIRE PETROLEUM CORP
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887396/000107261324000744/0001072613-24-000744-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887396/000107261324000744/emp_8k-18885.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-24-000744
- JSON: https://secwatch.observer/filing/0001072613-24-000744.json
- Plain text: https://secwatch.observer/filing/0001072613-24-000744.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.