---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-26-004653"
form_type: "8-K"
ticker: "GBR"
cik: "0000105744"
company_name: "New Concept Energy, Inc."
filed_at: "2026-04-14T23:59:59+00:00"
generated_at: "2026-05-15T06:17:24.942034+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# New Concept Energy enters $2M share sale to Realty Advisors; conditional on stockholder vote, NYSE approval

## Summary
- Realty Advisors to acquire 2,000,000 shares at $1.00/share for total $2.0M.
- Transaction conditioned on stockholder majority vote and NYSE American listing approval.
- Realty Advisors already holds 400,000 shares and shares a common director; related party.
- If completed, issuance would result in change of control of the Company.
- Proxy materials being prepared; stockholder meeting expected before end of Q2 2026.

## SEC filing metadata
- accession: 0001214659-26-004653
- form_type: 8-K
- ticker: GBR
- cik: 0000105744
- company_name: New Concept Energy, Inc.
- filed_at: 2026-04-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105744/000121465926004653/0001214659-26-004653-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105744/000121465926004653/o4142658k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-26-004653
- JSON: https://secwatch.observer/filing/0001214659-26-004653.json
- Plain text: https://secwatch.observer/filing/0001214659-26-004653.txt

## Source-grounded claims
- claim_id: 72573f685218c866f07e4a26e9739ba136a8bda9
  claim: New Concept Energy, Inc. entered into Subscription Agreement and Letter of Investment Intent with Realty Advisors, Inc. (effective 2026-04-13).
  evidence_excerpt: On April 13, 2026, New Concept Energy, Inc., a Nevada corporation (the “ Company ” or “ GBR ” or the “ Issuer ”), and an Investor entered into a Subscription Agreement and Letter of Investment Intent (the ”Agreement”), pursuant to which, Realty Advisors, Inc., a Nevada corporation (the “ Investor ”), has agreed to acquire 2,000,000 shares of Common Stock at a price of at least $1.00 per share in cash.
  evidence_url: https://www.sec.gov/Archives/edgar/data/105744/000121465926004653/0001214659-26-004653-index.htm

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