---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-011098"
form_type: "8-K"
ticker: "PROP"
cik: "0001162896"
company_name: "Prairie Operating Co."
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T08:58:15.340586+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Prairie Operating amends preferred stock deal; accelerates warrant issuance to Apr 7, 2026

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-26-011098
- form_type: 8-K
- ticker: PROP
- cik: 0001162896
- company_name: Prairie Operating Co.
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1162896/000114036126011098/0001140361-26-011098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1162896/000114036126011098/ef20068686_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-011098
- JSON: https://secwatch.observer/filing/0001140361-26-011098.json
- Plain text: https://secwatch.observer/filing/0001140361-26-011098.txt

## Key facts
- Material Agreements
  Prairie Operating Co. amended Amendment to Securities Purchase Agreement and Form of Anniversary Warrant with the Buyers valued at an aggregate amount equal to $3 million (effective 2026-03-25).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: the Buyers
  - Value: an aggregate amount equal to $3 million
  - Effective: 2026-03-25
  source text: On March 25, 2026, the Company and the Buyers entered into an Amendment to Securities Purchase Agreement and Form of Anniversary Warrant (the “Amendment”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162896/000114036126011098/0001140361-26-011098-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.