secwatch.observer — SEC 8-K summary
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Issuer:     Royale Energy, Inc. (ROYL)
CIK:        0001694617
Form:       8-K
Filed at:   2023-04-13T23:59:59+00:00
Accession:  0001185185-23-000336
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694617/000118518523000336/0001185185-23-000336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694617/000118518523000336/royaleinc20230413_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-23-000336

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