secwatch.observer — SEC 8-K summary
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Issuer:     BATTALION OIL CORP (BATL)
CIK:        0001282648
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0001104659-26-024887
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282648/000110465926024887/0001104659-26-024887-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282648/000110465926024887/batl-20260303x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-024887

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer