---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-035972"
form_type: "8-K"
ticker: "CKX"
cik: "0000352955"
company_name: "CKX LANDS, INC."
filed_at: "2026-11-10T00:04:59+00:00"
generated_at: "2026-11-10T11:06:16.109095+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# CKX Lands to receive $1B from Brad Jacobs's JPE; Jacobs to become chairman/CEO and controlling holder

## Summary
- Investors led by Jacobs Private Equity II will invest $1,000,000,000 cash; after closing JPE will control CKX and Brad Jacobs will be chairman and CEO.
- Deal includes a 4.1744380:1 reverse split and 1,000,000 convertible preferred shares at $4.57 initial conversion price, convertible into about 219 million common shares.
- Warrants for about 219 million shares at $4.57 (50%), $6.85 (25%) and $13.70 (25%); investors will own approximately 99.78% as-converted.
- Existing holders get a $20,800,660 aggregate cash dividend, payable seven days after the holding-company reorganization, only if the equity investment closes.
- Closing needs CKX stockholder and antitrust approvals, with a June 30, 2027 outside date; William Gray Stream (~10%) and Ottley Properties (~18%) agreed to vote in favor.

## SEC filing metadata
- accession: 0001437749-26-035972
- form_type: 8-K
- ticker: CKX
- cik: 0000352955
- company_name: CKX LANDS, INC.
- filed_at: 2026-11-10T00:04:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352955/000143774926035972/0001437749-26-035972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352955/000143774926035972/ckx20261109c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-035972
- JSON: https://secwatch.observer/filing/0001437749-26-035972.json
- Plain text: https://secwatch.observer/filing/0001437749-26-035972.txt

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