secwatch.observer — SEC 8-K summary
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Issuer:     CAMBER ENERGY, INC. (CEIN)
CIK:        0001309082
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001477932-23-005656
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camber Energy completes stock-for-stock acquisition of Viking Energy Group
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- Camber issued ~49.29M shares (59.99% of post-merger common stock) to Viking holders.
- Each Viking common share converted into one Camber share; preferred into new Series A or H.
- Series A preferred stock convertible into 890 Camber common shares per preferred share.
- Series H preferred stock has $10,000 face value, conversion based on Viking Protection milestones.
- Q2 10-Q will not consolidate Viking; equity method applied until merger close in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309082/000147793223005656/0001477932-23-005656-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309082/000147793223005656/cei_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-005656

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer