secwatch.observer — SEC 8-K summary
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Issuer:     CAMBER ENERGY, INC. (CEIN)
CIK:        0001309082
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0001477932-23-004689
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE American accepts Camber Energy's plan to regain listing compliance; deadline Apr 2024
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- Stockholders' deficit of $(17.1)M as of Dec 31, 2022 triggered non-compliance with Sections 1003(a)(i-iii).
- Plan includes closing Viking Energy merger, commercializing Viking's IP and reducing preferred shares.
- Extension granted until April 12, 2024; stock continues trading under CEI with .BC designation.
- NYSE American to review compliance quarterly; no immediate impact on listing or business operations.
- Company must meet equity standards: $2M-$6M depending on loss years; plan accepted June 14, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309082/000147793223004689/0001477932-23-004689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309082/000147793223004689/cei_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-004689

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