secwatch.observer — SEC 8-K summary
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Issuer:     HighPeak Energy, Inc. (HPK)
CIK:        0001792849
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001437749-22-028930
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HighPeak Energy issues $25M 10.625% Senior Notes due Nov 2024
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- Issued $25M aggregate principal of 10.625% Senior Notes due November 15, 2024.
- Net proceeds of ~$23M after discount, fees, and expenses; used for general corporate purposes.
- Interest payable semi-annually on May 15 and Nov 15, beginning May 15, 2023.
- Optional redemption allowed after Nov 15, 2023 at 100% of principal plus accrued interest; earlier redemption includes make-whole premium.
- Notes are senior unsecured obligations; covenants limit additional debt, dividends, asset sales, and investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792849/000143774922028930/0001437749-22-028930-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792849/000143774922028930/hpe20221212_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-028930

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