secwatch.observer — SEC 8-K summary
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Issuer:     Phoenix Energy One, LLC (PHXE-P)
CIK:        0001818643
Form:       8-K
Filed at:   2025-06-27T23:59:59+00:00
Accession:  0001193125-25-151102
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Potential IPO of Series A Preferred Shares; Credit Agreement amended to permit issuance
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- On June 26, 2025, Phoenix Energy One filed a Form 1-A offering statement for a potential initial public offering of Series A Cumulative Redeemable Preferred Shares.
- The company expects to amend its LLC agreement to create common and preferred shares, establish a board of directors, and define preferred share rights.
- Amendment No. 5 to the Credit Agreement allows issuance of Series A Preferred and sets terms for distributions and redemptions.
- The potential offering is subject to conditions; there is no guarantee it will be commenced or consummated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818643/000119312525151102/0001193125-25-151102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818643/000119312525151102/d74081d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-151102

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