---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-101398"
form_type: "8-K"
ticker: "BATL"
cik: "0001282648"
company_name: "BATTALION OIL CORP"
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:30:07.125525+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BATL cuts merger price to $7.00/share; Fury secures $548M in total commitments

## Summary
- Merger consideration reduced from $9.80 to $7.00 per common share; all preferred stockholders roll equity.
- Fury Resources secured $200M debt (Fortress/AI Partners), $188M preferred, $160M equity commitments.
- Luminus, Oaktree, and LS Power agree to contribute all preferred shares for new buyer preferred.
- Former Battalion CEO Richard Little to return post-close to accelerate development in Permian.
- Stockholder vote still required; transaction expected to close in Q4 2024.

## SEC filing metadata
- accession: 0001104659-24-101398
- form_type: 8-K
- ticker: BATL
- cik: 0001282648
- company_name: BATTALION OIL CORP
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282648/000110465924101398/0001104659-24-101398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282648/000110465924101398/tm2424285d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-101398
- JSON: https://secwatch.observer/filing/0001104659-24-101398.json
- Plain text: https://secwatch.observer/filing/0001104659-24-101398.txt

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