---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-26-000165"
form_type: "8-K"
ticker: "OKMN"
cik: "0001848334"
company_name: "OKMIN RESOURCES, INC."
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T05:02:10.750634+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Okmin Resources merges with BevPoint Capital (American Icon Brewery) for 220M shares

## Summary
- BevPoint holders receive 220M shares of Okmin common (~55.6% of post-closing shares).
- Earnout: up to 300M additional shares tied to $10M/$20M revenue and $1M/$2M EBITDA milestones.
- Chris Sellers becomes CEO; Sellers and John Giarrante appointed to board; Herzog remains non-executive chairman.
- Convertible notes: $280K to Sellers and $250K to Herzog at $0.04 conversion per share.
- Closing by March 31, 2026, subject to stockholder approval and $730K cash condition.

## SEC filing metadata
- accession: 0001079973-26-000165
- form_type: 8-K
- ticker: OKMN
- cik: 0001848334
- company_name: OKMIN RESOURCES, INC.
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848334/000107997326000165/0001079973-26-000165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848334/000107997326000165/okmin_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-26-000165
- JSON: https://secwatch.observer/filing/0001079973-26-000165.json
- Plain text: https://secwatch.observer/filing/0001079973-26-000165.txt

## Key facts
- Material Agreements
  OKMIN RESOURCES, INC. entered into Agreement and Plan of Merger and Reorganization with BevPoint Capital LP (effective 2026-01-29).
  - Action: entry
  - Agreement: merger
  - Counterparty: BevPoint Capital LP
  - Effective: 2026-01-29
  source text: On January 29, 2026, Okmin Resources, Inc., a Nevada corporation ("Okmin" or the "Company"), entered into an Agreement and Plan of Merger and Reorganization with BPCAP Merger Sub, Inc., a Nevada corporation and wholly-owned subsidiary of Okmin ("Merger Sub"), and BevPoint Capital LP, a Florida limited partnership ("BevPoint").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1848334/000107997326000165/0001079973-26-000165-index.htm

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