---
schema_version: "secwatch.filing_event.v1"
accession: "0001072613-25-000777"
form_type: "8-K"
ticker: "EP"
cik: "0000887396"
company_name: "EMPIRE PETROLEUM CORP"
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T23:16:22.790480+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Empire Petroleum amends $4M note with Mulacek; conversion price raised to $4.32, warrant shares cut to 138,889

## Summary
- Note amended: conversion price for $2M advance raised from $4.27 to $4.32; warrant shares cut to 138,889.
- Mulacek may advance up to additional $2M at his discretion after Mar 23, 2026; conversion price set by 5-day VWAP.
- Additional advances trigger new warrants: exercise price = VWAP, number = (advance amount × 30%) / VWAP.
- Aggregate common stock issuable upon conversions and warrants capped at 1,217,798 shares.
- Note matures Sep 23, 2027, interest 5.5% p.a.; $2M already advanced.

## SEC filing metadata
- accession: 0001072613-25-000777
- form_type: 8-K
- ticker: EP
- cik: 0000887396
- company_name: EMPIRE PETROLEUM CORP
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887396/000107261325000777/0001072613-25-000777-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887396/000107261325000777/emp_8k-19012.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001072613-25-000777
- JSON: https://secwatch.observer/filing/0001072613-25-000777.json
- Plain text: https://secwatch.observer/filing/0001072613-25-000777.txt

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