CAMBER ENERGY, INC. (CEIN): M&A transaction — Camber's Viking unit exchanges Simson-Maxwell stake for non-voting preferred shares in amalgamated T&T Power

CAMBER ENERGY, INC.

Viking swapped 2,436 Simson-Maxwell Common Shares for 5,750,000 non-voting Class A Preference Shares in new T&T Power Group Inc.
Tyler Van Dyke holds 100,000 Common Shares (100% voting); Viking holds 0% voting interest in amalgamated entity.
Amalgamated Corp may redeem for CDN$5.75M (US$4.15M) before Mar 31, 2028; thereafter CDN$7.75M (US$5.6M). Viking may retract after that date.
Conditional 8% cumulative dividend accrues only upon breach or failure to redeem by Mar 31, 2028.
Monthly payment right of CDN$15,000 (~US$11,000) credited to redemption; up to CDN$180K/year allowed under TD Bank postponement agreement.

item 1.01 item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

CAMBER ENERGY, INC. completed an acquisition involving Simson-Maxwell Ltd. (closed 2026-06-01).

Action: acquisition
Counterparty: Simson-Maxwell Ltd.
Closing: 2026-06-01

Exact text from the filing

The transactions contemplated by the Amalgamation Agreement were completed on June 1, 2026 pursuant to Sections 181 and 182 of the Canada Business Corporations Act (the “CBCA”) and Section 87 of the Income Tax Act (Canada) (the “Amalgamation”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CAMBER ENERGY, INC. entered into Postponement and Assignment of Creditors Claim and Postponement of Security Agreement with Viking, the Amalgamated Corporation, and The Toronto-Dominion Bank (effective 2026-06-01).

Action: entry
Counterparty: Viking, the Amalgamated Corporation, and The Toronto-Dominion Bank
Effective: 2026-06-01

Exact text from the filing

In connection with the Amalgamation, on June 1, 2026, Viking, the Amalgamated Corporation, and The Toronto-Dominion Bank (the “Bank”) entered into a Postponement and Assignment of Creditors Claim and Postponement of Security Agreement (the “Postponement Agreement”).

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CAMBER ENERGY, INC. entered into USA with Viking, the Amalgamated Corporation, and Tyler Van Dyke (effective 2026-06-01).

Action: entry
Counterparty: Viking, the Amalgamated Corporation, and Tyler Van Dyke
Effective: 2026-06-01

Exact text from the filing

In connection with the Amalgamation, on June 1, 2026, Viking, the Amalgamated Corporation, and Tyler Van Dyke entered into a unanimous shareholders’ agreement within the meaning of the CBCA (the “USA”).

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CAMBER ENERGY, INC. entered into Amalgamation Agreement with T&T Power Group Inc. (effective 2026-06-01).

Action: entry
Agreement: merger
Counterparty: T&T Power Group Inc.
Effective: 2026-06-01

Exact text from the filing

On June 1, 2026, Simson-Maxwell Ltd. (“Simson”), a Canadian corporation and minority-owned subsidiary of Viking Energy Group, Inc. (“Viking”), a wholly-owned subsidiary of Camber Energy, Inc. (the “Company”), entered into an amalgamation agreement (the “Amalgamation Agreement”) with T&T Power Group Inc. (“T&T”), a Canadian corporation.

View on SEC.gov

92 m&a transactions filed in the last 30 days. Browse all m&a transactions →

CAMBER ENERGY, INC. filing history →

Source: SEC EDGAR

accession 0001477932-26-003650

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