---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-039481"
form_type: "8-K"
ticker: "ZNOG"
cik: "0001131312"
company_name: "ZION OIL & GAS INC"
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:38:18.845972+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Zion Oil & Gas launches $250 unit option with warrants under DSPP

## Summary
- Unit option period: May 15 to June 15, 2023; each unit $250 includes common shares and 200 warrants.
- Additional 300 warrants for participants buying ≥1 unit and enrolling in AMI of $50+/month.
- Warrants (ZNWAZ) exercisable at $0.25 from July 17, 2023 to July 17, 2024, not exchange-traded.
- Warrant Agent Agreement executed with American Stock Transfer & Trust Company for ZNWAZ.
- Amendment No. 3 updates existing Dividend Reinvestment and Direct Stock Purchase Plan.

## SEC filing metadata
- accession: 0001213900-23-039481
- form_type: 8-K
- ticker: ZNOG
- cik: 0001131312
- company_name: ZION OIL & GAS INC
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1131312/000121390023039481/0001213900-23-039481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1131312/000121390023039481/ea178591-8k_zionoil.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-039481
- JSON: https://secwatch.observer/filing/0001213900-23-039481.json
- Plain text: https://secwatch.observer/filing/0001213900-23-039481.txt

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