Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
HighPeak Energy, Inc. amended credit facility of not specified (but the amendment includes a temporary restriction on borrowing further amounts until the Company has rec with Wells Fargo Bank, National Association (as successor to Fifth Third Bank, National Association), as administrative agent, and the lenders party thereto at certain pricing increases (no specific rates provided) maturing not directly amended (but the Ninth Amendment postpones the February Notes Obligation to September 1, 2023).
- Instrument
- credit facility
- Principal
- not specified (but the amendment includes a temporary restriction on borrowing further amounts until the Company has rec
- Counterparty
- Wells Fargo Bank, National Association (as successor to Fifth Third Bank, National Association), as administrative agent, and the lenders party thereto
- Rate
- certain pricing increases (no specific rates provided)
- Maturity
- not directly amended (but the Ninth Amendment postpones the February Notes Obligation to September 1, 2023)
- Event
- amendment
Exact text from the filing
On July 12, 2023, the Company entered into a Ninth Amendment to the Credit Agreement, dated as of December 17, 2020, by and among the Company, Wells Fargo Bank, National Association (as successor to Fifth Third Bank, National Association), as administrative agent, and the lenders party thereto (as amended, restated, amended and restated, supplemented or otherwise modified, the “Credit Agreement,” and such amendment, the “Ninth Amendment”) to, among other things, provide for (i) a waiver of the minimum current ratio covenant for the fiscal quarter ended June 30, 2023 under the Credit Agreement, (ii) a waiver of the failure to subject one or more certain accounts to an Account Control Agreement within the period provided in the Credit Agreement, (iii) a postponement of the April 2023 borrowing base redetermination until September 2023, (iv) a postponement of the date on which the Company was previously obligated (the “February Notes Obligation”) thereunder to either extend the maturity o
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
HighPeak Energy, Inc. reported preliminary financial results for six months ended June 30, 2023.
- Period
- six months ended June 30, 2023
- Result
- preliminary results
Exact text from the filing
the Company estimates its EBITDAX for the three months ended June 30, 2023 ranged between $180 million and $190 million.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
HighPeak Energy, Inc. amended Ninth Amendment with Wells Fargo Bank, National Association (effective 2023-07-12).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association
- Effective
- 2023-07-12
Exact text from the filing
On July 12, 2023, the Company entered into a Ninth Amendment to the Credit Agreement, dated as of December 17, 2020, by and among the Company, Wells Fargo Bank, National Association (as successor to Fifth Third Bank, National Association), as administrative agent, and the lenders party thereto
View on SEC.gov