---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-049841"
form_type: "8-K"
ticker: "GNE"
cik: "0001528356"
company_name: "Genie Energy Ltd."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:13:45.012652+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Genie Energy completes redemption of Series 2012-A Preferred Stock for $6.5M

## Summary
- All outstanding Series 2012-A Preferred shares redeemed on June 16, 2023 at $8.50 per share plus $0.1349 accrued dividends.
- Aggregate redemption payment was $6.5 million; no preferred shares remain outstanding.
- Preferred stock ticker GNE.PRA has been retired.
- CEO states common stockholders will now capture undiluted value of Genie's businesses.

## SEC filing metadata
- accession: 0001213900-23-049841
- form_type: 8-K
- ticker: GNE
- cik: 0001528356
- company_name: Genie Energy Ltd.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528356/000121390023049841/0001213900-23-049841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528356/000121390023049841/ea180572-8k_genie.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-049841
- JSON: https://secwatch.observer/filing/0001213900-23-049841.json
- Plain text: https://secwatch.observer/filing/0001213900-23-049841.txt

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