other material
confidence high
sentiment neutral
materiality 0.45
Battalion Oil issues 1.8M common shares upon Series A-2 Preferred conversion at $6.21/share
BATTALION OIL CORP
- Issued 1,800,000 shares to Luminus Energy Partners Master Fund on March 30, 2026.
- Conversion of 7,803 Series A-2 Preferred shares at a conversion price of $6.21 per share.
- Series A-2 Preferred was originally issued in December 2023 under a purchase agreement.
- Exemption from registration relied on Section 4(a)(2) of the Securities Act.