secwatch.observer — SEC 8-K summary
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Issuer:     New Concept Energy, Inc. (GBR)
CIK:        0000105744
Form:       8-K
Filed at:   2026-08-24T17:07:21+00:00
Accession:  0001214659-26-010767
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 3.02, 5.01, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Shareholders approve 2M share issuance to RAI; change of control to 33.65%
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- Stockholders approved issuance of 2,000,000 shares to Realty Advisors, Inc. at $1.00/share for $2,000,000 cash.
- After issuance, RAI will own 2,400,000 of 7,131,935 shares (~33.65%), triggering a change of control.
- All five director nominees elected; Gene S. Bertcher reelected Chairman, President, CEO and CFO.
- Ratification of Turner Stone & Company LLP as independent auditor for FY2026 approved.
- Vote on share issuance: 1,872,051 for, 128,492 against, 120 abstained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105744/000121465926010767/0001214659-26-010767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105744/000121465926010767/p8212668k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-26-010767

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