HighPeak Energy amends credit agreements to relax leverage covenant for Q2 2026

HighPeak Energy, Inc.

Fourth Amendment to revolving credit agreement sets Total Net Leverage Ratio at 2.25x for June 30, 2026 quarter, stepping down to 2.00x thereafter.
Third Amendment to term loan credit agreement also sets Total Net Leverage Ratio at 2.25x for June 30, 2026, and adds Asset Coverage Ratio covenant of 1.25x for same quarter.
Both amendments effective June 25-30, 2026; no default or material adverse effect occurred.
The amendments provide temporary covenant relief for the fiscal quarter ending June 30, 2026.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.