---
schema_version: "secwatch.filing_event.v1"
accession: "0001104485-25-000109"
form_type: "8-K"
ticker: "NOG"
cik: "0001104485"
company_name: "NORTHERN OIL & GAS, INC."
filed_at: "2025-06-12T23:59:59+00:00"
generated_at: "2026-05-19T10:16:13.671494+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NOG announces $150M reopening of 3.625% convertible notes due 2029; uses proceeds for stock buyback and cap

## Summary
- Plans $150M addl 3.625% convertible notes due 2029, with $22.5M greenshoe option.
- Proceeds partly to repurchase common stock; entry into capped call to offset dilution above $50.87.
- Remaining net proceeds initially repay revolver; general corporate purposes.
- New notes issued under same indenture as $500M series originally issued Oct 2022.
- Capped call transactions with initial purchasers expected to limit dilution upon conversion.

## SEC filing metadata
- accession: 0001104485-25-000109
- form_type: 8-K
- ticker: NOG
- cik: 0001104485
- company_name: NORTHERN OIL & GAS, INC.
- filed_at: 2025-06-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104485/000110448525000109/0001104485-25-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104485/000110448525000109/nog-20250612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104485-25-000109
- JSON: https://secwatch.observer/filing/0001104485-25-000109.json
- Plain text: https://secwatch.observer/filing/0001104485-25-000109.txt

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