secwatch.observer — SEC 8-K summary
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Issuer:     HighPeak Energy, Inc. (HPK)
CIK:        0001792849
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0001437749-22-026040
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HighPeak Energy prices $225M private placement of 10.625% senior notes due 2024
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- $225M principal amount of 10.625% senior unsecured notes due November 2024.
- Proceeds to reduce credit facility debt and for general corporate purposes; closing expected Nov 10, 2022.
- Offered to qualified institutional buyers under Rule 144A and outside U.S. under Regulation S.
- Also entered Sixth Amendment to Credit Agreement on Oct 31, 2022 to amend terms for the notes.
- Sixth amendment extends no-scheduled-payment period to 120 days post-maturity and adds permitted lien basket.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792849/000143774922026040/0001437749-22-026040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792849/000143774922026040/hpe20221101_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-026040

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