secwatch.observer — SEC 8-K summary
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Issuer:     CAMBER ENERGY, INC. (CEIN)
CIK:        0001309082
Form:       8-K
Filed at:   2026-06-04T21:00:47+00:00
Accession:  0001477932-26-003650
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camber's Viking unit exchanges Simson-Maxwell stake for non-voting preferred shares in amalgamated T&T Power
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309082/000147793226003650/0001477932-26-003650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309082/000147793226003650/cei_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-003650

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