---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-22-008052"
form_type: "8-K"
ticker: "CEIN"
cik: "0001309082"
company_name: "CAMBER ENERGY, INC."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T17:27:37.961439+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Camber Energy amends Series C preferred terms, sets $0.20 floor conversion metric through Dec 30, 2022

## Summary
- Amendment removes equity condition extension of Measurement Period; floor metric set at $0.20 through Dec 30, 2022.
- Investors waive all breach/default claims through Jan 1, 2023; company releases and indemnifies investors.
- Company acknowledges trigger events and failed equity conditions since August 2021.
- Agreements facilitate maintaining NYSE American listing and support business plans.

## SEC filing metadata
- accession: 0001477932-22-008052
- form_type: 8-K
- ticker: CEIN
- cik: 0001309082
- company_name: CAMBER ENERGY, INC.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309082/000147793222008052/0001477932-22-008052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309082/000147793222008052/cei_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-22-008052
- JSON: https://secwatch.observer/filing/0001477932-22-008052.json
- Plain text: https://secwatch.observer/filing/0001477932-22-008052.txt

## Key facts
- Governance Changes
  CAMBER ENERGY, INC.: Amendment to Certificate of Designations (COD) to change conversion rate calculation for Series C Preferred Stock and waive equity condition adjustments (effective 2022-10-28).
  - Change: charter amendment
  - Effective: 2022-10-28
  source text: which amended the COD such that (i) beginning on the Amendment Date and thereafter, when determining the conversion rate for each share of Series C Preferred Stock based on the trading price of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1309082/000147793222008052/0001477932-22-008052-index.htm
- Material Agreements
  CAMBER ENERGY, INC. entered into Second Agreement with Second Investor valued at Investor held shares of Series C redeemable convertible preferred stock with certain conversion enti (effective 2022-10-28).
  - Action: entry
  - Counterparty: Second Investor
  - Value: Investor held shares of Series C redeemable convertible preferred stock with certain conversion enti
  - Effective: 2022-10-28
  source text: On October 28, 2022, the Company entered into two agreements (collectively, the “ Agreements ”), one agreement (the “ First Agreement ”) with an investor (the “ First Investor ”) that holds shares of the Series C redeemable convertible preferred stock of the Company (the “ Series C Preferred Stock ”) and another agreement (the “ Second Agreement ”) with an investor (the “ Second Investor ”, together with the First Investor, the “ Investors ”) that held shares of the Series C Preferred Stock with certain conversion entitlements.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1309082/000147793222008052/0001477932-22-008052-index.htm
- Material Agreements
  CAMBER ENERGY, INC. entered into First Agreement with First Investor valued at Investor held shares of Series C redeemable convertible preferred stock with certain conversion enti (effective 2022-10-28).
  - Action: entry
  - Counterparty: First Investor
  - Value: Investor held shares of Series C redeemable convertible preferred stock with certain conversion enti
  - Effective: 2022-10-28
  source text: On October 28, 2022, the Company entered into two agreements (collectively, the “ Agreements ”), one agreement (the “ First Agreement ”) with an investor (the “ First Investor ”) that holds shares of the Series C redeemable convertible preferred stock of the Company (the “ Series C Preferred Stock ”) and another agreement (the “ Second Agreement ”) with an investor (the “ Second Investor ”, together with the First Investor, the “ Investors ”) that held shares of the Series C Preferred Stock with certain conversion entitlements.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1309082/000147793222008052/0001477932-22-008052-index.htm

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