Battalion Oil raises $15M private placement at $5.50/share; Jan oil production up 1,200 bbl/d

BATTALION OIL CORP

Gross proceeds of $15.0M from sale of 1.8M shares and pre-funded warrants; net proceeds ~$14.1M after fees.
Share price $5.50; pre-funded warrants at $5.4999 with $0.0001 exercise price, expiring March 2033.
Roth Capital Partners acted as sole placement agent; cash fee 6% of gross plus expense reimbursement up to $75,000.
Proceeds to be used for working capital and general corporate purposes.
January month-to-date average oil production increased ~1,200 net bbl/d vs December average.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

BATTALION OIL CORP issued up to 927,273 shares of Common Stock of warrant to an institutional investor for $5.4999 per Pre-funded Warrant share.

Security: warrant
Shares: up to 927,273 shares of Common Stock
Purchaser: an institutional investor
Consideration: $5.4999 per Pre-funded Warrant share

Exact text from the filing

pre-funded warrants to purchase up to 927,273 shares of Common Stock (the “ Pre-funded Warrants ”) at a purchase price of $5.4999 per Pre-funded Warrant share

View on SEC.gov

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

BATTALION OIL CORP issued 1,800,000 shares of common stock to an institutional investor for $5.50 per Share.

Security: common stock
Shares: 1,800,000 shares
Purchaser: an institutional investor
Consideration: $5.50 per Share

Exact text from the filing

the Company agreed to sell and the Purchaser agreed to purchase from the Company, in a private placement offering, 1,800,000 shares (the “ Shares ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”) at a purchase price of $5.50 per Share

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BATTALION OIL CORP entered into Securities Purchase Agreement with an institutional investor valued at aggregate gross proceeds of $15.0 million (effective 2026-03-03).

Action: entry
Agreement: equity purchase
Counterparty: an institutional investor
Value: aggregate gross proceeds of $15.0 million
Effective: 2026-03-03

Exact text from the filing

On March 3, 2026, Battalion Oil Corporation (the “ Company ”), entered into a securities purchase agreement (the “ Securities Purchase Agreement ”) with an institutional investor (the “ Purchaser ”).

View on SEC.gov

Browse all equity issuances →

BATTALION OIL CORP filing history →

Source: SEC EDGAR

accession 0001104659-26-024887

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.