---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-000848"
form_type: "8-K"
ticker: "CEIN"
cik: "0001309082"
company_name: "CAMBER ENERGY, INC."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:48:17.195485+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Camber Energy amends Series C preferred terms; sets $0.15 floor price, requires 50% of proceeds to repay notes

## Summary
- Agreement with Antilles Family Office sets conversion floor price to the higher of VWAP and $0.15 per share.
- Company must pay at least 50% of net proceeds from any equity/debt offering toward outstanding notes held by investor/affiliates.
- Investor rescinded beneficial ownership limitation increase from 9.99% back to 4.99%, effective Feb. 22, 2024.
- Early redemption of Series C preferred allowed if all outstanding notes are paid in full; no additional conversion shares thereafter.
- Company grants general release and indemnification to investor, acknowledging investor's compliance and non-dealer status.

## SEC filing metadata
- accession: 0001477932-24-000848
- form_type: 8-K
- ticker: CEIN
- cik: 0001309082
- company_name: CAMBER ENERGY, INC.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309082/000147793224000848/0001477932-24-000848-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309082/000147793224000848/cei_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-000848
- JSON: https://secwatch.observer/filing/0001477932-24-000848.json
- Plain text: https://secwatch.observer/filing/0001477932-24-000848.txt

## Key facts
- Material Agreements
  CAMBER ENERGY, INC. entered into Agreement with the Investor (effective 2024-02-15).
  - Action: entry
  - Counterparty: the Investor
  - Effective: 2024-02-15
  source text: On February 15, 2024, the Company entered into an agreement (the “ Agreement ”) with an investor (the “ Investor ”) that holds shares of the Series C redeemable convertible preferred stock of the Company (the “ Series C Preferred Stock ”) with certain conversion entitlements.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1309082/000147793224000848/0001477932-24-000848-index.htm

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