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.

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 ”).

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317 material agreements filed in the last 30 days. Browse all material agreements →

BATTALION OIL CORP filing history →

Source: SEC EDGAR

accession 0001104659-26-024887

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