Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
EMPIRE PETROLEUM CORP incurred loan of $4,000,000 with Phil E. Mulacek at 5.5% per annum maturing September 23, 2027.
- Instrument
- loan
- Principal
- $4,000,000
- Counterparty
- Phil E. Mulacek
- Rate
- 5.5% per annum
- Maturity
- September 23, 2027
- Event
- incurrence
Exact text from the filing
On September 24, 2025 (the “Original Issue Date”), Empire Petroleum Corporation (the “Company”) issued that certain Promissory Note in the aggregate principal amount of $4,000,000 (the “Note”) to Phil E. Mulacek.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
EMPIRE PETROLEUM CORP issued convertible note to Phil E. Mulacek for $4,000,000 aggregate principal amount.
- Security
- convertible note
- Purchaser
- Phil E. Mulacek
- Consideration
- $4,000,000 aggregate principal amount
Exact text from the filing
On September 24, 2025 (the “Original Issue Date”), Empire Petroleum Corporation (the “Company”) issued that certain Promissory Note in the aggregate principal amount of $4,000,000 (the “Note”) to Phil E. Mulacek.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
EMPIRE PETROLEUM CORP issued 281,030 shares of common stock of warrant to Phil E. Mulacek for partial consideration for commitment to make advances.
- Security
- warrant
- Shares
- 281,030 shares of common stock
- Purchaser
- Phil E. Mulacek
- Consideration
- partial consideration for commitment to make advances
Exact text from the filing
As partial consideration for the commitment to make the advances under the Note, the Company has issued a warrant certificate for Mr. Mulacek to purchase 281,030 shares of common stock of the Company (the “Warrant Shares”) at an exercise price of $4.27 per share for a period of three years (the “Warrant”).
View on SEC.gov