---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-024452"
form_type: "8-K"
ticker: "HPK"
cik: "0001792849"
company_name: "HighPeak Energy, Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:32:38.416148+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HighPeak extends credit maturity to Sep 2028, upsizes term loan to $1.2B, defers amortization

## Summary
- Extended maturity of both term loan and senior credit facility to September 30, 2028 (from prior maturity).
- Upsized term loan borrowings to $1.2 billion, providing additional liquidity.
- Deferred $30.0 million quarterly amortization payments until September 30, 2026.
- Call protection on term loan expires September 2025, allowing prepayment at par at any time.
- Entered additional crude oil derivative contracts through March 2027; weighted average swap prices ~$63.25/bbl for 2026-27.

## SEC filing metadata
- accession: 0001437749-25-024452
- form_type: 8-K
- ticker: HPK
- cik: 0001792849
- company_name: HighPeak Energy, Inc.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792849/000143774925024452/0001437749-25-024452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792849/000143774925024452/hpe20250801_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-024452
- JSON: https://secwatch.observer/filing/0001437749-25-024452.json
- Plain text: https://secwatch.observer/filing/0001437749-25-024452.txt

## Key facts
- Debt Financings
  HighPeak Energy, Inc. amended term loan of $1.2 billion with Texas Capital Bank maturing September 30, 2028.
  - Instrument: term loan
  - Principal: $1.2 billion
  - Counterparty: Texas Capital Bank
  - Maturity: September 30, 2028
  - Event: amendment
  source text: extended the maturity to September 30, 2028, (ii) upsized borrowings to $1.2 billion, providing additional liquidity and (iii) deferred the quarterly amortization payments of $30.0 million for one year such that they begin again in September 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774925024452/0001437749-25-024452-index.htm
- Debt Financings
  HighPeak Energy, Inc. amended credit facility with Fifth Third Bank, National Association maturing September 30, 2028.
  - Instrument: credit facility
  - Counterparty: Fifth Third Bank, National Association
  - Maturity: September 30, 2028
  - Event: amendment
  source text: (the “Company”), as borrower, Fifth Third Bank, National Association, as administrative agent, the guarantors party thereto and the lenders party thereto entered into that certain Second Amendment to Credit Agreement (the “Second Credit Agreement Amendment”), which upon effectiveness, amended that certain Credit Agreement, dated as of November 1, 2023 (as amended, restated, amended and restated, supplemented or otherwise modified by the Second Credit Agreement Amendment, the “Credit Agreement”), by and among the Company, Fifth Third Bank, National Association, as administrative agent, the guarantors party thereto and the lenders party thereto to, which, among other things, extended the maturity date to September 30, 2028.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792849/000143774925024452/0001437749-25-024452-index.htm

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