secwatch.observer — SEC 8-K summary
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Issuer:     Magnolia Oil & Gas Corp (MGY)
CIK:        0001698990
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001104659-22-033439
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnolia Oil & Gas: EnerVest affiliates sell 7.5M shares; company buys 2.5M LLC units
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- Selling stockholders (EnerVest affiliates) sold 7.5M shares of Class A common at $21.72 per share via Citigroup.
- Company concurrently purchased 2.5M Magnolia LLC Units from certain selling stockholders at same price with cash on hand.
- Company did not receive any proceeds from the offering; transaction closed March 14, 2022.
- After the offering, selling stockholders own approximately 21.9% of total outstanding common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698990/000110465922033439/0001104659-22-033439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698990/000110465922033439/tm228651d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-033439

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