{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-032094","form_type":"8-K","ticker":"HPK","cik":"0001792849","company_name":"HighPeak Energy, Inc.","filed_at":"2026-10-06T10:15:13+00:00","discovered_at":"2026-10-06T10:20:00.163615+00:00","generated_at":"2026-10-12T16:37:44.268352+00:00","sec_items":["1.01","3.02","7.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"HighPeak raises $450M preferred, refinances $1.17B term loan with $800M credit facility","bullets":["Issues 450,000 shares of new Series A 6.0% Perpetual Convertible Preferred at $1,000/share for ~$450M gross; initial conversion price $9.50/share.","PT Danantara Energy International buys 250,000 shares; PT Tunas Harapan Perkasa, a unit of PT Energi Mega Persada Tbk (IDX: ENRG), buys 200,000.","Proceeds, initial RBL borrowings and cash will repay HighPeak's existing $1.17B term loan in full; deal expected to close in Q4 2026.","Preferred dividend: 6.0% cash or 7.5% PIK through year 2, 7.5% cash or 9.0% PIK through year 5, then 10.0%; redeemable after year 3 at 10% IRR.","DIM and EMP each nominate one HighPeak director; two-year standstill and transfer limits; mandatory conversion after year 3 if stock exceeds 150% of $9.50 for 30 of 40 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-032094","json":"https://secwatch.observer/filing/0001437749-26-032094.json","markdown":"https://secwatch.observer/filing/0001437749-26-032094.md","text":"https://secwatch.observer/filing/0001437749-26-032094.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1792849/000143774926032094/0001437749-26-032094-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1792849/000143774926032094/hpe20261005c_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:37:44.268352+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}