secwatch.observer — SEC 8-K summary
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Issuer:     CAMBER ENERGY, INC. (CEIN)
CIK:        0001309082
Form:       8-K
Filed at:   2022-12-21T23:59:59+00:00
Accession:  0001477932-22-009459
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camber Energy completes 1-for-50 reverse stock split to maintain NYSE American listing
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- Reverse stock split effective Dec 21, 2022; pre-split outstanding ~887.7M shares reduced to ~17.75M.
- Authorized common shares reduced from 1B to 20M in proportion; no change to preferred stock.
- Split implemented unilaterally by Board under Nevada law without shareholder approval.
- Purpose: to restore compliance with NYSE American minimum price listing standard and avoid automatic delisting.
- No fractional shares; fractional interests rounded up to nearest whole share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309082/000147793222009459/0001477932-22-009459-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309082/000147793222009459/cei_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-009459

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