Camber Energy restates FY2023, Q3 2023, Q1 2024 financials due to Viking merger valuation error

CAMBER ENERGY, INC.

Board concluded Aug 21, 2024 that prior financials should no longer be relied upon.
Restatement relates to valuation of equity interest in Viking Energy, Inc. at merger close.
Adjustments are non-cash and do not impact cash flows; amendments to be filed promptly.
Company previously disclosed material weakness in internal controls over complex accounting.
Affected reports: 2023 10-K, Q3 2023 10-Q, Q1 2024 10-Q and related earnings releases.

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