---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-23-000336"
form_type: "8-K"
ticker: "ROYL"
cik: "0001694617"
company_name: "Royale Energy, Inc."
filed_at: "2023-04-13T23:59:59+00:00"
generated_at: "2026-06-17T02:42:17.087492+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Warrant holder exercises warrant, receives 3.27M shares in cashless exercise

## Summary
- CIC RMX LP exercised in full its warrant to purchase Royale Energy common stock on April 10, 2023.
- Cashless exercise resulted in issuance of 3,266,055 shares of common stock to the warrant holder.
- Warrant holder is sponsored by CIC Partners, a Dallas-based middle-market private equity firm.

## SEC filing metadata
- accession: 0001185185-23-000336
- form_type: 8-K
- ticker: ROYL
- cik: 0001694617
- company_name: Royale Energy, Inc.
- filed_at: 2023-04-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1694617/000118518523000336/0001185185-23-000336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1694617/000118518523000336/royaleinc20230413_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-23-000336
- JSON: https://secwatch.observer/filing/0001185185-23-000336.json
- Plain text: https://secwatch.observer/filing/0001185185-23-000336.txt

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