other material
confidence high
sentiment neutral
materiality 0.60
Prairie Operating amends preferred stock deal; accelerates warrant issuance to Apr 7, 2026
Prairie Operating Co.
- Amendment moves Anniversary Warrant Issuance Date to April 7, 2026 (from first anniversary of March 2025 closing).
- Company to pay Buyers $3M on April 6, 2026, unless waived by Buyers.
- Warrants exercisable if stock price is below 115% of conversion price during 20 trading days before Apr 7.
- Buyer Hudson Bay PH XIX LLC is party; amendment ratified other transaction documents.