secwatch.observer — SEC 8-K summary
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Issuer:     CAMBER ENERGY, INC. (CEIN)
CIK:        0001309082
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0001477932-22-008148
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camber Energy waives investor conversion rights on Series C preferred and notes
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- Investor Discover Growth Fund waives all rights to receive additional common shares from previously converted Series C preferred.
- Discover also waives any right to convert existing promissory notes into Camber common stock.
- Camber grants Discover a broad release from claims and agrees to indemnify Discover for certain losses.
- Agreement intended to help Camber maintain NYSE American listing and implement its business plans.
- No further Series C preferred shares outstanding; Discover retains previously delivered common shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309082/000147793222008148/0001477932-22-008148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309082/000147793222008148/cei_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-008148

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