---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020453"
form_type: "8-K"
ticker: "HPK"
cik: "0001792849"
company_name: "HighPeak Energy, Inc."
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T05:03:46.128257+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HighPeak Energy prices $135.5M public offering of 12.9M shares at $10.50; insiders purchase ~10M shares

## Summary
- Public offering of 12,900,000 shares priced at $10.50/share; gross proceeds ~$135.5M.
- Underwriter option for 1,935,000 additional shares exercised in full; total net proceeds ~$151.2M.
- Proceeds to be used for working capital and to enhance near-term liquidity.
- Existing stockholders including Chairman/CEO Jack Hightower and J.P. DeJoria Family Trust purchased ~10M shares at offering price.

## SEC filing metadata
- accession: 0001437749-23-020453
- form_type: 8-K
- ticker: HPK
- cik: 0001792849
- company_name: HighPeak Energy, Inc.
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792849/000143774923020453/0001437749-23-020453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792849/000143774923020453/hpe20230721_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020453
- JSON: https://secwatch.observer/filing/0001437749-23-020453.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020453.txt

## Key facts
- Material Agreements
  HighPeak Energy, Inc. entered into Underwriting Agreement with Roth Capital Partners, LLC valued at $151.2 million (effective 2023-07-19).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Roth Capital Partners, LLC
  - Value: $151.2 million
  - Effective: 2023-07-19
  source text: On July 19, 2023, HighPeak Energy, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Roth Capital Partners, LLC (the “Underwriter”), relating to the previously announced underwritten offering of 12,900,000 shares of common stock, par value $0.0001 per share, of the Company (the “Common Stock” and such offering, the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774923020453/0001437749-23-020453-index.htm

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